QUESTION 101 M/s Active Builders Ltd. invested in the shares of another company (with an intention to hold the shares for short term period )on 31st October, 2016 at a cost of Rs.4,50,000. It also earlier purchased Gold of Rs.5,00,000 and Silver of Rs.2,25,000 on 31st March, 2014. Market values as on 31st March, 2017 of the above investments are as follows: Shares Rs.3,75,000; Gold Rs.7,50,000 and Silver Rs.4,35,000 You are required explain how will the above investments be shown in the books of account of M/s Active Builders Ltd. for the year ending 31st March, 2017 as per the provisions of AS 13