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Rs 1,50,000 impairment booked earlier; value rises Rs 2,50,000. Maximum gain?

ARs 3,00,000
BRs 2,50,000
CRs 1,00,000
DRs 1,50,000
Answer & Solution
Correct answer: D. Rs 1,50,000
The gain is capped at the cumulative impairment loss of 1,50,000 although the increase is 2,50,000, leaving a carrying amount of 10,00,000.
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