Can you explain the answer of this question b...

### Related Test Can you explain the answer of this question below:
If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?
• A:
Rs. 10,000
• B:
Rs. 40,000
• C:
Rs. 80,000
• D:
Rs. 1,00,000 BHAGYASHREE DATTA MANE According to the accounting equation:
Owner's capital= Assets- Liabilities
50,000= (70,000+ current assets)- 30,000
Current Assets= Rs. 10,000

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Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a.
Capital+ liability = current assets+fixed assets 50000+3000= 70000+Current Assets current assets = 80000-70000 =10000 View courses related to this question Explore CA Foundation courses
 Explore CA Foundation coursesView courses related to this question  Abc
It is so simple....... 50000 + 30000 - 70000 = 10000..... prepare Balance sheet for better understanding :) Nabin Oli
Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a.
10000 Total capital + liability - Fixed asstes Kenil Kundaliya
C+L=A

Liabilities. Assets
Captial 50,000. Fixed assets 70,000
Liability 30,000. Current assets 10,000 (bal fig.)
80,000. 80,000 Aryan Raghuvanshi
Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a.
ANS. (A)
Current Assets=Capital+liability - Fixed Assets
CR = 50000 + 30000- 70000
Hence Ans. CURRENT ASSETS= 10000 Maheswari Maheswari
50000+30000=80000........- 70000=10000 Mansi Dadheech
Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a.
Very simple
owner's capital refers to amount of assets left with owner
so here, owner's capital = Assets - liabilities
50,000 =(70,000+current assets)- 30,000
=> 80,000-70,000 =10,000.
therefore, option a is correct. Swetha Kaluburigi
The balance sheet should always have equal asset to liabilities along with capital then (liabilities) 30000+(capital)50000=(assets)70000+(current assets)x
50000+30000-70000=10000(current assets)

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Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a. for CA Foundation 2023 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a. covers all topics & solutions for CA Foundation 2023 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a..
Solutions for Can you explain the answer of this question below:If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fixed assets is Rs. 70,000, then what is the value of current assets?A:Rs. 10,000B:Rs. 40,000C:Rs. 80,000D:Rs. 1,00,000The answer is a. in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
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