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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
Correct answer is 'A'. Can you explain this answer?
Verified Answer
If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fix...
According to the accounting equation:
Owner's capital= Assets- Liabilities
50,000= (70,000+ current assets)- 30,000
Current Assets= Rs. 10,000
Owner's capital= Assets- Liabilities
50,000= (70,000+ current assets)- 30,000
Current Assets= Rs. 10,000
Most Upvoted Answer
If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fix...
Ship is transferred to a new owner, it means that the legal rights and responsibilities associated with the property or asset have been transferred from the old owner to the new owner. This can happen through a sale, inheritance, gift, or other means of transfer. The new owner assumes all of the benefits and liabilities associated with the property, including any legal or financial obligations. The transfer of ownership may require certain legal documentation and may also involve payment of taxes or other fees.
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If owner’s capital is Rs. 50,000 liability is Rs. 30,000 and fix...
Fixed asset +current asset - liability =capital 70000. +. C A. - 30000= 50000 40000. +. CA= 50000. So CA is 10000
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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. 1,00,000Correct answer is 'A'. Can you explain this answer?
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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. 1,00,000Correct answer is 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 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. 1,00,000Correct answer is 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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. 1,00,000Correct answer is 'A'. Can you explain this answer?.
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. 1,00,000Correct answer is 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 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. 1,00,000Correct answer is 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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. 1,00,000Correct answer is 'A'. Can you explain this answer?.
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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. 1,00,000Correct answer is 'A'. Can you explain this answer?, a detailed solution for 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. 1,00,000Correct answer is 'A'. Can you explain this answer? has been provided alongside types of 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. 1,00,000Correct answer is 'A'. Can you explain this answer? theory, EduRev gives you an
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