Valuation in Financial Books

Devendra (Chartered Accountant) (4775 Points)

12 May 2010  

If Mr. X sells a commodity to Mr. Y worth Rs. 10000 and Mr. Y pays Mr. X buying giving his computer to Mr. X instead of money, then at what value will Mr. X record the computer in his books? :)

 

Thanks 

Regards

Devendra