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Commerce · Q387

Miscellaneous in Commerce

Graduate and Post Graduate · Commerce · question 387

Q387

A business has the following items in it: Land Rs. 1,000,000 Machinery Rs. 20,000 Cash Rs. 10,000 Debt Rs. 0 Owner's equity? What is the valve of owner's equity?

A.
Rs. 1020000
B.
Rs. 1010000
C.
Rs. 1030000
Answer
D.
None of the above

Answer: Option C

Solution

Answer: Option C
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