2 Replies
CA AnKiT BoHrA (AB)
(Manager)
(25955 Points)
Replied 13 November 2014
your querry not visible... plz do write along with image..!!
tharika
(student)
(127 Points)
Replied 13 November 2014
In January 2013, Anhuth Bancorp acquired rs100,000 of marketable securities and classified them as Available for Sale. On March 31, 2013, Anhuth prepared itsI O-Q and marked the securities down to their market value of rs85,000. On April 4, 2013, Anhuth sold the securities for rs93,000 cash. Which ofthe following items would be increased by the sale of the marketable securities? (check all that apply) 1.Cash from Investing Activities 2.Loss on Sale of Investments 3.Total Shareholders' Equity 4.Net Income 5.Marketable Securities
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