alleryStart learning →A builder expects Rs 8,00,000 total profit and 25% is complete. Profit recognized?
ARs 1,00,000
BRs 2,00,000
CRs 4,00,000
DRs 8,00,000
Answer & Solution
Correct answer: B. Rs 2,00,000
25 percent of Rs 8,00,000 equals Rs 2,00,000 of profit for the period.
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