Income from investments where to pose it , whether in income and expenditure a/c or in balance sheet
Dear student
Investment should be recorded on the asset side of balance sheet and income from investment will be recorded on income side of income and expenditure account.
I hope it helps you!
If you still have any doubt please get back to us.
Regards
Investment should be recorded on the asset side of balance sheet and income from investment will be recorded on income side of income and expenditure account.
I hope it helps you!
If you still have any doubt please get back to us.
Regards