Question
ACB Ltd Financial Statement for 2021 include the
following information: Â There was no sales of property and equipment in the year, depreciation expenses for the year 2021 were Rs.300. Calculate fixed capital investment for 2021.Solution
Fixed capital investment = ending property and equipment - beginning value of property and equipment + depreciation of the year 5300 – 3400 + 300 = 2200
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Match List-I with List-II and select the correct answer using the codes given below the lists:
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