alleryStart learning →A Rs 4,00,000 investment has an equity carrying amount of Rs 4,50,000 when influence ends. Cost afterwards?
ARs 4,00,000
BRs 4,50,000
CRs 5,00,000
DRs 3,50,000
Answer & Solution
Correct answer: B. Rs 4,50,000
The carrying amount at discontinuance, Rs 4,50,000, is treated as cost from then on, not the original price.
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