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Machinery costs Rs 1,00,000 and installation Rs 5,000. At what cost is it recorded?

ARs 1,00,000
BRs 95,000
CRs 1,05,000
DRs 1,10,000
Answer & Solution
Correct answer: C. Rs 1,05,000
Installation is directly attributable, so cost is 1,00,000 + 5,000 = 1,05,000.
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