Increase in the value of Assets Rs 1,00,000. Decrease in the value of Liabilities Rs 50,000. Then owner’s equity will: (a) Increase by Rs 1,50,000 (b) Increase by Rs 50,000 (c) Decrease by Rs 1,50,000 (d) Decrease by Rs 50,000
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asset = capital +liability
if asset increase by 1,00,000
liability decreased by 50,000
owner equity will increase by 1,50,000
ans is a
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