alleryStart learning →A buys 30% of B for Rs 10,00,000. B earns Rs 4,00,000 and pays dividends of Rs 1,00,000. Carrying amount?
ARs 11,20,000
BRs 10,10,000
CRs 10,30,000
DRs 10,90,000
Answer & Solution
Correct answer: D. Rs 10,90,000
Cost 10,00,000 plus 30 per cent of profit 1,20,000 less 30 per cent of dividends 30,000 gives 10,90,000.
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