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Do I correct otherwise i will give dislike QUESTION 44 On 15th June, 2018, Y limited wants to re-classify its investments in accordance with AS

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QUESTION 44 On 15th June, 2018, Y limited wants to re-classify its investments in accordance with AS 13 (revised). Decide and state the amount of transfer, based on the following information: (1) A portion of long term investments purchased on 1st March, 2017 are to be re-classified as current investments. The original cost of these investments was 14 lakhs but had been written down by *2 lakhs (to recognise 'other than temporary' decline in value). The market value of these investments on 15th June, 2018 was 11 lakhs

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