50,000 was spent as routine administrative expenses and 45,000 as specially for the acquisition of a machine,

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₹50,000 was spent as routine administrative expenses and ₹45,000 as specially for the acquisition of a machine, the cost of machine acquired is ₹95,000. The machine is to be recognized initially at

(a) 95,000

(b) 1,90,000

(c) 1,40,000

(d) 1,00,000

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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