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clarification
Under what head in the balance sheet should Investment made in the form of shares in a housing co-operative be disclosed . Is it right to show this amount as a part of building or should it disclosed as an investment ?
Replies (1)
should it disclosed as an investment
because it is not a expance to purchase the house and when u sale home then share is urs
and if society say that shareholder r get one home who has one share then it 'll add in cost of house
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