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

1 Answer

Answer :

(B) Rs. 4,00,000

Related questions

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