AS-13
Investments
Accounting for
Advanced Accounting Lecture - 7
By – CA Nitin Goel
RECAP
1 AS 13 : Basic
concepts&f Questions
TOPICS
1 Basic & Questions
concepts
Produc
↑
Face value =
Z
100 >
-
An
all 0
10-
-
F v= Purdue =
Books
#All of Meera
Investment in
Equity
shares
of Kumar (td
Al
-
I
Date Particulars No
.
I Dividend Amoret Date Particulars No -
Of Dividend Amount
Shares Shares
-
117 To BannAk 40000 60000 15/5
By Bankay 8000 15200
1515 To PALAK 3200 15/3
-
sy Bank
Ala 4800
lingity so
1516 To Bonus Shaws Good -
y Berna so 28000
(32000x 1/4)
3000
15/7 To Bank Alc 4000
3000
1519 To Bann All
⑮55
=
syBdyd -
24000
3455 313
303 To
PALA/clingit)
31/3 To
PALAp /g) ⑮ >
2
e
=
T =>
Table
-
Date Particulars No-o
Shar
cost Sell
igit) Cross)
14 Purchase 4008 Good
15/5 Sell (5000 (2000) 15200
infit = 3200
I
-
Goaro
40000
X 800) -
32000
-
YSor
1516 Bonus Soo -
15/7 Right share 4008 600
-
-
44000 54000
30/3 Sel (20000) (24545) Igor
infit = 3455
I 4000
S4000
X 2000
-
-
24000 29455
--
Right Issue
Entitlement 32000X 6400
/
=
=
Subscribe Scho Rights
4000 2400X 0 40 960
5)
.
Sh =
& 1 share
.
.
75
↓
+ 0
75 .
Giga. to
POLAR as
per
0 Para As
13)
of
13
.
Bus/Right
Goo
Sch
11/21 1141515 1516 15/7 31/12/21
-
D D ↑ D I Do
Purchar ↓
Bonus #3
400 sorr
Right Pre
Divided
4000
-
Ay
for
~ year 2021
& 15 %
Find Divided
Bonus
Right
32000 + 8000 + 700s
-
X X
spergies
Sinn Ques
Dividend = 32000X1X 15 %: 4800
=
Books Nidhi
# All in
Equity
Eur in Shane
of X Ltd
All
.
I~
Date Particulars Dividend
12/4 To B
1515 To Bonus
(100000 X 3/2)
15/5 To Play ,
Progity
3113 31/3
TO PALAK FIGS syBcyd I I
=
z - => z
=
1) profit) (hos
2000000
Cost Fer- sold 100050o y 125008
of
I =
250000
=
2500000
Sell -
Shoe
Progit -
Invin 81-Bonds A/C
Int :
1/11 &
/5
-
14 To
By Banna) 4 good
1/10
1/1) 3600p
By Bannak
-
-
313 To
PALAK lig) ⑭ si ngaya d 30000
G
694500
I I
= -
-
-
z
2) Interest = 1200000 X 8 %X 5
=
40000
Assumption
R
Fac value Bond 100
of
=
3) Cost
= 1800000 X 805 = 966000
100
12000 X 80 5
And
.
Interest
-
926000
-
Y Soot
4) Int . =
120000 X 8+ X
6/12 =
8 %·
5) Interst = 500000 X
X = 1000
-
6) Priy
(loss)
of
Lost For sold =
226000 X 3) = 231500
12L
Sch =
223000
ing - 11500
:
7) Int =
900000 X 84.x
6 , 2
= 36000
3000
8) Int =
90000X8X :
(Accred
#
Books
of Mr .
Int :
30/9 & 3
.
/5
Investment in 8%-Bonds All
-I I
Date
118
2208000
ling it on
sol
33 42000
By Bank Al
313 To
POLAll lego) 3
13 By Bayd #
-
-
1016000
Thos x
-
⑧
-
Int
-
8 +.x e
612
=
: 4800
X 8 +. * 4 5
I 4 Int 2400000
.
X84X
:
Int : 3600000 4800
-
=
12
= 72000
4 Cost 3096000
5)
36000X 86 -
git) (los)
s
3048000
Ist
Costy For sold 24000
- =
-
X
36000
=
2032000
Sole = 2208500
3) Int : 3600000 X8xX
6/12 = 144000 ,
176000
Profit =
Share
Equity Al
Investment Glid
in
of
.
I I
Date Particulars No
% Amoret Particulars
Divided Date
NoOf Dividend Amount
.
Shares
14 To Be old Soo 1520000 16/9 By Bank Al 4800042000
15 To Bank
All 700r
16261001/12 syBannAk zor 180/800
(700 X
230) + 1f
(7000X260)
.
-
Dy .
15/6 To Boews shares 6000 -
(15000 x 2/5) 25/1 sy Bann Ak 4830x
/8
3
ToBanh Alc 2100 48300 (16100X3)
112
PacAl(irgicy
To 714800
zip Byayd G
2500/00
3113 TO
PLAYIN ⑮or -
-
-
-
-
- 2
7) Purchase cost
700X230 = 1610000
- Bron. 14 :
= 0
!
100
8)
Right Entitlement
21000 X 3000
+
=
Subscribe Sch
g rights
30%
70%
2100 shares & 900x75 = 67500
230/sh.
Cigd to
POLAy as
per
Para 13)
of As
13
a Dividend
Post Dividend 800X6 4800
opening
=
Ay
: .
:
700X6 42000
Pruih PreAy Divided =
.
on
1/5 : . =
10) Profit) (Loss)
42000
Cost , 000
2000 + 1626100 + 483
of Fersold too
-
23160
108700
=
308700 X
zor0 =
23100
Sell
I
go sor
Profit go
11) Valuation
16100
No
of shaws =
Cost = 3587100 16100 3587100 -
108700 (Bg)
x
⑭ ⑬
-
23/00
-
2500100
1 .
r .
=
16100XG60
4186
, 000
-
Lower is
cost it . 25, 00 , 00
(b)
Profit & Loss All
By Invin 8y Bonds 176
, 000
(Prfit on Say
By Interest on Bonds 216000
By Equity
Jerie share 71480
(Prifit on sol
SyDindend
96300
To Ba Yd 1270600
of Rights
6 7500
By
Or so
To Net
infit = =
Term Enr
loy
-
(2) Reclassification from
Correct For to
reclassified from
current to
As
per As13 ,
if investments are
longterm
then
transfer
is made lower
at
of cost & gair volve
on date
of tranger
.
1515/21 16100
Noog
=
- share
cost = 2500/00
16100 x 180
Fair
(Market Very
=
value
-
2898000
Lower is 2500100 .
Homework
Revise what is done in class
&
Practice Ques : 546
Cig 7 -
16)
2 Mins Summary
crupts & Example
AS13 : Basic
&
i Foneg
12 to 15
& 17
7
18)
.
