Question

Akshay’s liabilities amounted to `1,85,000 and his capital is `70,000. His fixed assets are 70% of current assets.
In fixed assets, Building in 60%; Plant and Machinery is 25% and balance is the furniture.
Find out the value of different fixed assets individually.

Answer 1

Answer:

7 Akshay's liabilities amounted to Rs. 1,85,000 and his capital is Rs.70,000. ... In fixed assets, Building in 60%; Plant and Machinery is 25% and balance ...