A

Admin • 802.91K Points
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Q. If capital is Rs. 50,000 and liabilities are Rs. 30,000, then assets are:

  • (A) Rs. 80,000
  • (B) Rs. 20,000
  • (C) Rs. 50,000
  • (D) Rs. 30,000
  • Correct Answer - Option(A)
  • Views: 2
  • Filed under category Accounting
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Explanation by: Admin
Assets = Capital + Liabilities = 50,000 + 30,000 = 80,000.

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