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AS 13

Accountancy

Can someone explain solution for this in simple terms? Practical Question 9

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Swetha S

Swetha S

CA Inter

★ 4K+

30-Apr-24 15:15

58

Answers (2)

Generally sale of right entitlement is credited to P&L. If however the price of shares fall after rights issue, to the extent of fall, we credit it to investment account.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

30-Apr-24 15:49

Okay Sir

Thread Starter

Swetha S

Swetha S

CA Inter

★ 4K+

30-Apr-24 16:41

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