Question

(1)
10). Anand & Vinay are equal partners of a firm. They decided to dissolve their business on
31st March 2019. Their assets and liabilities on this date were: Sundry Creditors Rs 32,000,
Vinay's Loan Rs 10,000(Cr.), Sundry Assets Rs 1,24,000. The total capital of both the partners
is:
(1)
a). Rs 1,50,000 b). Rs 90,000 c). Rs 82,000 d). Can't be determined
​

Answer 1

Answer:

82000

Explanation:

total liabilities are : 32000+10000=42000

total assets are :124000

capital = assets - liability

=124000-42000

=82000