Second hand furniture was purchased by a NPO for ₹10,000 and ₹500 was spent on its repairs and ₹200 for its installations. How much of the amount will be capitalized in the books?
Answer & explanation
Correct answer: option 4
10,000+500+200=₹10700
Second hand furniture was purchased by a NPO for ₹10,000 and ₹500 was spent on its repairs and ₹200 for its installations. How much of the amount will be capitalized in the books?
Correct answer: option 4
10,000+500+200=₹10700