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Compound Interest

WHAT DO YOU M...

Question

WHAT DO YOU MEAN BY BUILDING STANDS IN THE BOOKS AT 5,000

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Solution

Thumbs-up to Riya for current answer.
Further, the statement 'Building stands in the books Rs 5,000' implies that the value of the Building appearing in the books of accounts is Rs 5,000 or it can be said that Rs 5,000 is the Book Value of the Building.

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