alleryStart learning →An investor buys 25% of an associate for Rs 8,00,000. The associate loses Rs 6,00,000. Carrying amount?
ARs 2,00,000
BRs 8,00,000
CRs 6,50,000
DRs 6,00,000
Answer & Solution
Correct answer: C. Rs 6,50,000
Share of loss is 25 per cent of 6,00,000, which is 1,50,000, so the carrying amount is 8,00,000 less 1,50,000, or 6,50,000.
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