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Financial statement of banking companies

Accountancy

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

920

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

CA Inter

★ 895

11-Aug-20 18:15

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