Question

What shall be the amount of capital if cash is Rs. 25,000; Furniture Rs. 52,000; Stock Rs. 80,000 and Creditors Rs. 56,000. a) Rs. 1,20,000 b) Rs. 1,01,000 c) Rs. 81,000 d) Rs. 97,000

Answer 1

Answer:

b

Explanation:

cash. 25000

furniture. 52000

stock. 80000

157000

less: cred. 56000

capital. 101000