M/s Ashok Leyland had invested ₹1,00,000 in the shares of Reliance industries. Current market value of these shares is ₹1,05,000. Accountant of M/s Ashok Leyland wants to show₹1,05,000 as value of investment in the books of accounts. Which accounting convention restricts him from doing so? Full disclosure Consistency Conservatism Materiality
Answers
Answered by
0
Explanation:
kh,tGoaykggk&5×6"7"8_"+ghusuro
Similar questions