alleryStart learning →Carrying value Rs 9,00,000, value in use Rs 7,50,000, fair value less costs Rs 7,00,000. Loss?
ARs 2,00,000
BRs 1,00,000
CRs 1,50,000
DRs 50,000
Answer & Solution
Correct answer: C. Rs 1,50,000
Recoverable amount is the higher 7,50,000, so the loss is 9,00,000 minus 7,50,000, which is 1,50,000.
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