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Investment in NPOs/trusts
does AS-13 include investment in NPOs and trusts
Replies (4)
AS 13 deals with accounting for investments made by an enterprise in another enterprise and the disclosure of such investments in the financial statements.
In my view, investment in NGO & trust does not included in AS-13.
In my view, investment in NGO & trust does not included in AS-13.
Why ?
Because there is return on investment
Ok and does AS-13 include investment in sec 8 company??
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