D ltd. acquired 1000 shares of x ltd. at a cost of Rs.30000.In the current year,X ltd. offered right shares @ Rs.50 per share in the ratio 1:2.The cum-right price of the share was Rs.60 and dltd. purchased 1000 shares at this price from the market.Therafter,it sold 25% of right entitlement @ Rs.10 per share.The remaining entitlement was duly subscribed by D ltd.
Find The Carrying Amount Of investment at the end of the year.....
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