Question

(4) What is the amount of capital of the proprietor,
if
his assets
are J 85,000 and liabilities
F. 21,000 ?
(a) 285.000 (6) 7 1,06,000 (C) 221,000 (ad) 7 6 4,000​

Answer 1

Answer:

option d 764,000 is the correct answer.

Answer 2

Your question is incomplete. Please check below the full content.

What is the proprietor's capital if his assets are Rs. 85,000 and liabilities are Rs. 21,000?

(a) Rs. 1,06,000

(b)  Rs. 64000

(c) Rs. 21,000  

(d) Rs. 85,000  

Concept:

Capital-

Capital is defined as a company's remaining interest in its assets after deducting all of its liabilities (ie what would be left if the business sold all of its assets and settled all of its liabilities). Capital is referred to as 'Equity' in the case of a limited liability company.

Capital = Assets - Liabilities

Given:

• Assets = 85000
• Liabilities = 21000

Find:

Capital Amount

Solution:

We know that ,

Capital = Assets - Liabilities

By using the values given in the question,

Capital = 85000 - 21000

Capital = 64000

Hence, we can conclude that the capital amount is Rs. 64000 and the correct option is (b).

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