what will be the carrying value of investment in FY 2022 if the cost on 1april2020 is rs1000 and the market value on 31-3-2021 is rs900
and market value on 31-3-2022 is 950 rs
NRV? Carrying amount is the cost or revalued amount.
950 is the lowest so it must be posted. It seems that as13 is different because other conventions dont have this criteria. Its only cost or revalued amount.
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