Value recognisation of shares held

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job in industry
329 Points Posted on 30 May 2020
how to recognisation of the value of shares of king Fisher air lines, which was purchased earlier, and held in stock 300nos. @ 16.57, my question is that whether it is continue to show at 16.57 or value at nil, and transfer to loss account?
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On 30 May 2020 at 20:45 Report
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This discussion addresses how to recognise the value of previously purchased King Fisher Airlines shares. The user is seeking guidance on whether to continue showing the shares at their purchase price or to value them at nil and transfer the loss to the profit and loss account. The advice given is to recognise the loss and book it to the P&L Account.

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My grammar is 💯 good I
7306 Points Posted on 31 May 2020

Check out stock market websites for share prices.

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On 31 May 2020 at 08:29
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42 Points Posted on 07 June 2020
You should recognised the loss and take it to P&L Account
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On 07 June 2020 at 12:04

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