alleryStart learning →Carrying Rs 20,00,000; share of loss Rs 28,00,000. Now the carrying amount and unrecognised loss are:
ANil and Rs 28,00,000
BRs 2,00,000 and Nil
CRs 8,00,000 and Nil
DNil and Rs 8,00,000
Answer & Solution
Correct answer: D. Nil and Rs 8,00,000
Losses are recognised only down to nil, so 20,00,000 is recognised and the excess 8,00,000 is left unrecognised.
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