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Commerce · Q757

Accounting

Graduate and Post Graduate · Commerce · question 757

Q757

If a person starts business with Rs. 50,000 cash, goods worth Rs. 50,000 and fixed assets worth Rs. 1,00,000 then his capital would be:

A.
Rs. 2,00,000
Answer
B.
Rs. 1,50,000
C.
Rs. 1,00,000
D.
Rs. 50,000

Answer: Option A

Solution

Answer: Option A
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