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Commerce · Q162

Accounting

Graduate and Post Graduate · Commerce · question 162

Q162

Assets minus liabilities equal to

A.
Goodwill
B.
Working capital
C.
Net income
D.
Capital
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Assets minus liabilities equal to Capital, it shows that a company's total amount of assets equals the total amount of liabilities plus owner's (or stockholders') equity.