alleryStart learning →An associate's carrying amount is Rs 5,60,000. A 30% investor receives Rs 30,000 as dividend. New amount?
ARs 5,90,000
BRs 5,60,000
CRs 5,70,000
DRs 5,30,000
Answer & Solution
Correct answer: D. Rs 5,30,000
The dividend received is deducted from the carrying amount, so Rs 5,60,000 less Rs 30,000 leaves Rs 5,30,000.
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