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Overhead- Insurance on machinery

Costing

Should insurance be taken on the cost of machinery or cost-scrap value of the machinery and why??

lithish kumar

lithish kumar

CA Final

★ 3K+

31-Oct-21 11:24

525

Answers (1)

Both approaches are acceptable.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

31-Oct-21 14:16

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