Question

Second hand furniture worth Rs. 6000 was purchased. It was repaired for Rs. 600 and installed by workmen to whom Rs. 200 was paid as wages. The furniture should be capitalised for :

• A. Rs. 5000
• B. Rs. 5500
• C. Rs. 6800
• D. None of the Above

Answer 1

Answer:

C. Rs. 6800

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