alleryStart learning →Long term shares costing Rs 80,000 dip to a market value of Rs 60,000, a temporary dip. Carrying amount?
ARs 60,000
BRs 20,000
CRs 70,000
DRs 80,000
Answer & Solution
Correct answer: D. Rs 80,000
A temporary fall needs no provision, so the shares stay at their cost of 80,000.
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