Differences between the carrying amount of an asset or liability?

Differences between the carrying amount of an asset or liability?

Priyanka Trainee Asked on December 23, 2014 in Taxes.
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1 Answer(s)
  1. Carrying amount means the same for both of them.
  2. Carrying amount is the amount at which the items are appearing in the books of accounts.

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Suveer Sachdeva Financial Analyst Answered on January 13, 2015.
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