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Commerce · Q427

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 427

Q427

A business has following items in it Land? Vehicles Rs. 6,00,000 Debtors Rs. 1,20,000 Cash Rs. 30,000 Owner's Equity Rs. 10,00,000 Loan Rs. 5,00,000 Creditors Rs. 50,000 What is the value of the land?

A.
Rs. 10,00,000
B.
Rs. 15,50,000
C.
Rs. 8,00,000
Answer
D.
None of these

Answer: Option C

Solution

Answer: Option C
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