if any investment is sold by the company then whether profit so derived will be credited to capital reserve?
if any investment is sold by the company then whether profit so derived will be credited to capital reserve?
NO iT SHOULD BE CREDITED TO P&L
y capital reserve .. it should be credited to p&l
Regards,
Varun Makhija
Agree with varun and hamil...
it should be credited to profit & loss a/c
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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