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easyMCQCUET Accountancy 2025 3 June Shift 12026Accountancy
1 mark

Romesh took over stock at , which is less than its book value. The book value of the stock was _________

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Let the book value of the stock be .According to the problem statement, Romesh took over the stock at less than its book value:





So, the book value of the stock was .

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Romesh took over stock at , which is less than its book value. The book value of the stock was _________
A
B
C
D

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