Question

If the capital of a business is Rs 300000 and liabilities are Rs 50000 loss Rs 70000 total
assets of the business.
(a) Rs 420000
(b) Rs 280000
(c) 320000
(d) 180000​

Answer 1

Answer:

option (c)

Explanation:

300,000-50,000+70,000

Answer 2

(b) Rs 280000

Using the information given,

Assets = 50,000 + (3,00,000-70,000) Assets = 2,80,000