Accounting treatment

AS 851 views 2 replies

Dhanraj

CA Final

561 Points Joined January 2008

Hi friends,

Pleas explain the accounting treatment for 'realized / unrealized gain from disposal / holding of non-current assets' as per relevant accounting standards

Thanks

Replies (2)

Realised Gain means which is accrued/ earned or received in cash or its equivalent. In case of company it is available for issue of bonus shares and distribution of divdend, if Article of Assosiation permits.

Unrealised Gain includes gains from revaluation of asset. It is not available for distribution of dividend. Bonus shares cannot be issued out of revaluation reserve.

Ansari

ca final

444 Points Joined November 2009

Originally posted by :vichitra trivedi
"	Realised Gain means which is accrued/ earned or received in cash or its equivalent. In case of company it is available for issue of bonus shares and distribution of divdend, if Article of Assosiation permits. Unrealised Gain includes gains from revaluation of asset. It is not available for distribution of dividend. Bonus shares cannot be issued out of revaluation reserve.	"