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Commerce · Q809

Accounting

Graduate and Post Graduate · Commerce · question 809

Q809

If capital is Rs. 50,000, liability is Rs. 30,000 and fixed assets are Rs. 70,000, then the value of current assets will be

A.
Rs. 90,000
B.
Rs. 50,000
C.
Rs. 10,000
Answer
D.
Rs. 1,50,000

Answer: Option C

Solution

Answer: Option C
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