Question

2. If the capital of proprietor is 50,000, liabilities is Rs30,000
and fixed assets is Rs70,000 then what will be the value of
currect assets ?
(A) Rs 10,000
(B) Rs40,000
(C) Rs80,000
(D) Rs1,00,000​

Answer 1

Answer:

(A) ₹ 10,000

Explanation:

Capital + Liabilities = Fixed Assets + Current Assets

50000 + 30000 = 70000 + ?

80000 - 70000 = 10000

Answer 2

Answer:

Asset = Capital + Liabilities

fixed assets + current asset = Capital + Liabilities

70000 + current asset = 50000 + 30000

current asset = 80000 - 70000

current asset = 10000

Explanation:

ANSWER = Option A