The Balance sheet of Ram at end of 2013 and 2014 disclose investments in shares of Rs
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Question:
The Balance sheet of Ram at end of 2013 and 2014 disclose investments in shares of Rs 2000 and Rs 3000, respectively. Rs 100 as pre-acquisition dividend has been credited to investments account. Determine purchase of investments.
a) RS 5000
b) Rs 1000
c) Rs 1,100
d) None of the above
Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
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