Management Accounting Test Questions
Q. The balance of fixed assets of Y Ltd. at cost at the end of 2013 and 2014 were Rs 5,70,800 and Rs 6,15,300. During the year 2014 a machinery costing Rs 60,000 was sold. Determine the purchase of fixed assets.
a. Rs 1,04,500
b. Rs 1,40,500
c. Rs 1,64,500
d. None of the above
No explanation is available for this question!
