Question

How to treat unrealised profit on closing stock in case of Holding Company

Answer 1

Answer:

hi I am just from 2 months learning this stock market from my mom

Explanation:

Entire unrealised profits should be deducted from the current revenue profits, ie Profit and Loss Account (Surplus) of the holding company. II. The same amount should be deducted from the consolidated stock/fixed assets of the group.

Answer 2

Answer:

Entire unrealised profits should be deducted from the current revenue profits, ie Profit and Loss Account (Surplus) of the holding company. II. The same amount should be deducted from the consolidated stock/fixed assets of the group.

Explanation:

hope this will help you.