Start learning →

Goodwill 60, A 240, B 160, recoverable 360. How much loss falls on A?

ARs 24
BRs 40
CRs 16
DRs 60
Answer & Solution
Correct answer: A. Rs 24
Carrying amount 460 less 360 is a loss of Rs 100; goodwill absorbs 60, and the remaining 40 is shared 240:160, giving A Rs 24.
Practise this question with Quill — CA Final →

Keep practising Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets

Browse all Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 36 Impairment of Assets and Ind AS 38 Intangible Assets lesson →
Related questions