what is the journal entry for Holding Company making investment in Subsidiary Company?
CA Amit Kanani
(Practicing CA)
(338 Points)
Replied 02 August 2010
Same as regular entry.
Shares in Sub. Co.A/c Dr. (investment)
To Cash/Bank/Kind
Prasanth Nair V
(ACA,ACS,CWA Final,Mcom)
(557 Points)
Replied 02 August 2010
Same entry, as u are making Investments in any other Company..
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