Kirti Co’s Balance Sheet shows Fixed Asset Rs. 3,60,000. At the time of absorption
calculation of Net Assets is 10% less than the market value, then market value of such
fixed assets is ............
(A) Rs. 3,24,000 (B) Rs. 4,00,000
(C) Rs. 4,20,000 (D) None of these
calculation of Net Assets is 10% less than the market value, then market value of such
fixed assets is ............
(A) Rs. 3,24,000 (B) Rs. 4,00,000
(C) Rs. 4,20,000 (D) None of these