Correction (Illustrative 2 requirement 3)
The correct answer must be equal to 1.2M that's the difference of the CA of 6.8M and the SP of 8M. Kindly note. Apologies for the mistake.
This video is useful for College students and CPA Aspirants taking up courses: Intermediate Accounting, Conceptual Framework and Accounting Standards, Auditing Problems, and Financial Accounting and Reporting.
![](https://i.ytimg.com/vi/wB6_9BQYCwY/maxresdefault.jpg)