Question

From the following information find the capital of

Vijay :

Total Assets Rs 5,00,000;

What is the amount of Liabilities ?​

Answer 1

Capital here refers to the amount that is left with Vijay after subtracting the creditor and loan from bank from the total assets.

In this case the capital left will be equal to 500,000 - (100,000+150,000) = 250,000.

Vijay will be left with a capital of 250,000 after all the amount has been deducted from his total assets.