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Value recognisation of shares held
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?
Replies (2)
Check out stock market websites for share prices.
You should recognised the loss and take it to P&L Account
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