Accountancy, asked by harshbhardwaj3221, 6 months ago

Rajat Limited purchase securities for Rs 50 lakh.At the end of the year, the market
value of security is was Rs 40 lakh. While preparing the financial statements, the
company valued the securities as cost Rs 50 lakh. is it correct statement? give the reason
to justify your answer

Answers

Answered by Atharva3419
0

Answer:

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Explanation:

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