A building standing in the books at Rs. 40, 000 was sold for Rs. 52, 000....
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A building standing in the books at Rs. 40, 000 was sold for Rs. 52, 000. The profit on sale of building was transferred to profit & loss account thus increasing the net profit to Rs. 1, 80, 000. What is the fund from operation? A building standing in the books at Rs. 40, 000 was sold for Rs. 52, 000. The profit on sale of building was transferred to profit & loss account thus increasing the net profit to Rs. 1, 80, 000. What is the fund from operation?
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Fundamentals of Taxation 2017
ISBN: 9781259752735
10th edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
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