IndigoLearn

Forums

Back

Depreciation

Accountancy

In this question, assets are shown at NRV only when they are realized right .how come option b .QUES 4)

Reetikaa R

CA Final

★ 7K+

10-Jul-21 22:41

439

Answers (1)

Best Answer

I think.... When deposal of business as on pre- determined date or the date of disposal of business has well known in advance that time all assets are shown in Balance sheet at Net Realisable Value (NRV).

Mahantesh Biradar

CMA Final

★ 15K+

11-Jul-21 00:05