Question No. 8 An entity plans to dispose of a group of its assets. The information...

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Question No. 8 An entity plans to dispose of a group of its assets. The information regarding the assets forming the disposal group as on June 30, 2020 is as follows: Carrying amount (Rs. million) Fair values immediately before classification as held for sale (Rs. million) Goodwill 150 Property, plant & equipment 460 400 (carried at revaluation model) Property, plant & equipment 570 (carried at cost model) Inventory 240 Financial assets (equity investment) 180 220 150 On June 30, 2020 the entity measured the fair value less cost to sell of the group at Rs. 1,300 million. Required: Calculate revised carrying amounts as on June 30, 2020. Question No. 8 An entity plans to dispose of a group of its assets. The information regarding the assets forming the disposal group as on June 30, 2020 is as follows: Carrying amount (Rs. million) Fair values immediately before classification as held for sale (Rs. million) Goodwill 150 Property, plant & equipment 460 400 (carried at revaluation model) Property, plant & equipment 570 (carried at cost model) Inventory 240 Financial assets (equity investment) 180 220 150 On June 30, 2020 the entity measured the fair value less cost to sell of the group at Rs. 1,300 million. Required: Calculate revised carrying amounts as on June 30, 2020.