alleryStart learning →Rs 6 lakh land grant carries obligation costs charged evenly over 5 years. Yearly credit?
ARs 1,20,000
BRs 2,00,000
CRs 6,00,000
DRs 30,000
Answer & Solution
Correct answer: A. Rs 1,20,000
The grant follows the obligation cost period, so 6,00,000 over 5 years credits 1,20,000 each year.
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