[Solved] The balance of fixed assets of Breej Ltd. at the end of 2018 and 2019 were Rs 5,70,800 and Rs 6,15,300. During the year 2019 a machinery costing Rs 60,000 was sold. Determine the purchase of fixed assets.

Q.	The balance of fixed assets of Breej Ltd. at the end of 2018 and 2019 were Rs 5,70,800 and Rs 6,15,300. During the year 2019 a machinery costing Rs 60,000 was sold. Determine the purchase of fixed assets.
A.	Rs. 1,04,500
B.	Rs. 1,40,500
C.	Rs. 1,64,500
D.	Rs. 44,500
Answer» A. Rs. 1,04,500

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Advanced Financial Management 2

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