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Commerce · Q326

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 326

Q326

Investment of X company profit in shares of other company PQR Pvt. Ltd are recorded in . . . . . . . .

A.
Asset side of Balance sheet
Answer
B.
Liability side of Balance sheet
C.
Profit & Loss a/c
D.
Not recorded in Balance sheet

Answer: Option A

Solution

Answer: Option A
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