07-02-2007, 08:06 PM
well i am going through a confusion. so please help me out.
Suppose if one company (listed on stock Exchange) has some holding in other company (not listed on stock exchange). Now AS when the accounts are closed, According to the MARK to MARKET principle. we move from book value towards market value.
now my question is .....
Will the Company(listed) will revalue its investment of that company which is not listed ? [B)]
regards,
Suppose if one company (listed on stock Exchange) has some holding in other company (not listed on stock exchange). Now AS when the accounts are closed, According to the MARK to MARKET principle. we move from book value towards market value.
now my question is .....
Will the Company(listed) will revalue its investment of that company which is not listed ? [B)]
regards,
