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If in Baance sheet Furniture is given @ rs.1200000. and an
adjustment tells that half of the building is used for
residential purpose... then what is treatment in accounts?
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Answer Posted / ravindra
only 600000 worth of building is used for office purpose
so only 600000 will be showing in the balance sheet as the building used for residential purpose will not be shown as it is personal
| Is This Answer Correct ? | 15 Yes | 1 No |
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