MCQOPTIONS
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| 1. |
A second hand truck was purchased for `75,000, `10,000 was spent on its repair, `2,000 to get the truck registered in the name of the firm and `1,000 as dealers commission. The capitalized value of truck will be- |
| A. | 88,000 ; |
| B. | 87,000 ; |
| C. | 85,000 ; |
| D. | 75,000 |
| Answer» B. 87,000 ; | |