Businessman purchases a building for rupees 300000 from his friend the market value being rupees 450000 which amount will be recorded by him and why??
subject accounts
please guys help me
Answers
Answered by
20
Answer:
businessman will record 300000
Explanation:
(because we always record book value of asset )
Answered by
15
he will record as 300000.
because the value has to be recorded which has been paid..
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