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    Question

    What should be the method of valuation for advances

    against  shares/debentures / bonds ?? 
    A Market Price Correct Answer Incorrect Answer
    B Book Value Correct Answer Incorrect Answer
    C Face Value Correct Answer Incorrect Answer
    D Average Value Correct Answer Incorrect Answer
    E Any one of the above Correct Answer Incorrect Answer

    Solution

    In case of listed securities, market value of the security is the best method to assess the realisable value of the asset. 

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