alleryStart learning →Machine costs Rs 10,00,000 with a Rs 2,00,000 grant. Book value on net method?
ARs 10,00,000
BRs 8,00,000
CRs 2,00,000
DRs 12,00,000
Answer & Solution
Correct answer: B. Rs 8,00,000
Deducting the grant of 2,00,000 from the cost of 10,00,000 gives a book value of 8,00,000.
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