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Financial statement of banking companies

In this sum how come they did not take the value of fixed assets given in the TB ??

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anamika vardhan

anamika vardhan

CA Inter

1K+

10-Aug-20 14:29

16

Answers (1)

The information given for fixed assets is after depreciation and respective depreciation. Using that we have calculated opening balance of fixed assets.


Lavanya Chitturi

Lavanya Chitturi

Moderator

11-Aug-20 18:15