alleryStart learning →Assets carried at Rs. 105 lakhs have a recoverable amount of Rs. 85 lakhs. The impairment loss is
ARs. 10 lakhs
BRs. 20 lakhs
CRs. 85 lakhs
DRs. 105 lakhs
Answer & Solution
Correct answer: B. Rs. 20 lakhs
Impairment loss equals carrying amount less recoverable amount: 105 minus 85 gives Rs. 20 lakhs.
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