Stock- Rs. 11,000
Adjustment: Stock to be revalued at 90% of its book value.
will it be appreciated or depreciated? by how much
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Answer:
Stock- Rs. 11,000
Adjustment: Stock to be revalued at 90% of its book value.
will it be appreciated or depreciated? by how much
IS 10000
Explanation:
Stock- Rs. 11,000
Adjustment: Stock to be revalued at 90% of its book value.
100%_10% =90% 11,000 9000
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