alleryStart learning →Rs 50,000 is due, Rs 30,000 provided. Now only Rs 10,000 is recoverable. Extra charge this year?
ARs 40,000
BRs 20,000
CRs 10,000
DRs 30,000
Answer & Solution
Correct answer: C. Rs 10,000
The required provision is now Rs 40,000, so Rs 10,000 more is charged to current profit or loss as a change in estimate.
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