At present, carrying amount of a patent is 4,00,000. The fair value is 6,00,000. The

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At present, carrying amount of a patent is ₹ 4,00,000. The fair value is ₹ 6,00,000. The patent will
A. Not be amortised any more
B. Continue to be amortised
C. Be revalued at ₹ 6,00,000

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

ISBN: 9789352605569

2nd Edition

Authors: M Hanif, A Mukherjee

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Question Posted: Aug 19, 2023 02:56 AM

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At present, carrying amount of a patent is 4,00,000. The fair value is 6,00,000. The

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Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015

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