A purchase 2000 equity shares 1 point
of Y ltd at cost of Rs.125 per
shares on 1st March 2010.
these shares are held as
current investment on 31st
March 2020 market value of
shares was Rs.115 per share.
The carrying amount of
investment is Rs.
O 250000
O 230000
O 480000
O 200000
Answers
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0
Answer:
O 230000
Explanation:
A purchase 2000 equity shares 1 point
of Y ltd at cost of Rs.125 per
shares on 1st March 2010.
these shares are held as
current investment on 31st
March 2020 market value of
shares was Rs.115 per share.
The carrying amount of
investment is Rs.
O 250000
O 230000
O 480000
O 200000
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