Find out capital from the following informati(a) Total Assets 1,50,000 – InterviewSolution

1.

Find out capital from the following informati(a) Total Assets 1,50,000(b) Creditors for goods90,000(c) Creditors for expenses 15,000(Ans.Capital is 45,000)

Answer»

capital = total - (creditors for goods + creditors for expenses)

capital = 150000 - (90000+15000)capital = 150000 - 105000= 45000

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