Investment at cost of a company is to be disclosed under

  • A trading accounts
  • B profit and loss account
  • C balance sheet
  • D source and application of fund
jamb 2012accounting

The correct answer is C. balance sheet

A balance sheet is a financial statement that reports a company's assets, liabilities and shareholders' equity. The balance sheet is one of the three (income statement and statement of cash flows being the other two) core financial statements used to evaluate a business.

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