Question: Do properly and give genuine answer don't do copy paste An unquoted long term investment is carried in the books at a cost of Rs.2

Do properly and give genuine answer don't do copy paste

An unquoted long term investment is carried in the books at a cost of Rs.2 lakhs. The published accounts of the unlisted company received in May, 2017 showed that the company was incurring cash losses with declining market share and the long term investment may not fetch more than Rs.20,000. How will you deal with this in preparing the financial statements of R Ltd. for the year ended 31 March, 2017? st

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