A parent co. should account for the investment in subsidiaries in accordance with AS -13

Related MCQs

• The closing balance of book debts account is ascertained by preparing branch ………………Account.
• Investment made by government as equity in the ownership of an enterprise is known as ------------
• The investment on hand at the end of the period are valued at cost price or market whichever is …………
• Ratio analysis helps in investment decision.
• Return on investment is a .
• Which ratio is calculated to ascertain the efficiency of inventory management in terms of capital investment?
• The value of stock on the date of fire can be ascertained more precisely by preparation of a…………… Account
• A memorandum trading account is to be prepared to ascertained the value of stock on the date of fire.
• Interest paid and payable comes to the……………side of the profit and loss account.
• Dividend received on shares is comes to the……………. side of profit and loss account.