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Treatment in Partner's Capital Account-Change in PSR

Vehicles sale...

Question

Vehicles sales have been closest to the average sales of the five-year period for the year:

A

1995 - 96

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B

1997 - 98

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C

1998 - 99

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D

1999 - 2000

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Solution

The correct option is A 1995 - 96
The average sales volume is 36,000 units. The sales volume closest to this is 37,400 in 1995 - 96.

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