alleryStart learning →Mine unit: net selling price Rs 80,00,000; value in use Rs 70,00,000 after restoration cost. Recoverable amount?
ARs 70,00,000
BRs 50,00,000
CRs 80,00,000
DRs 1,50,00,000
Answer & Solution
Correct answer: C. Rs 80,00,000
Recoverable amount is the higher of 80,00,000 and 70,00,000, which is 80,00,000, so the unit with carrying amount 50,00,000 is not impaired.
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