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Which of the following is correct? Owner’s Equity is :a)(Current Asset + Fixed Asset) + (Current Liabilities + Long term Liabilities)b)(Current Asset + Fixed Asset) – (Current Liabilities + Long term Liabilities)c)(Current Asset – Fixed Asset) – (Current Liabilities + Long term Liabilities)d)None of the above.Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Which of the following is correct? Owner’s Equity is :a)(Current Asset + Fixed Asset) + (Current Liabilities + Long term Liabilities)b)(Current Asset + Fixed Asset) – (Current Liabilities + Long term Liabilities)c)(Current Asset – Fixed Asset) – (Current Liabilities + Long term Liabilities)d)None of the above.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is correct? Owner’s Equity is :a)(Current Asset + Fixed Asset) + (Current Liabilities + Long term Liabilities)b)(Current Asset + Fixed Asset) – (Current Liabilities + Long term Liabilities)c)(Current Asset – Fixed Asset) – (Current Liabilities + Long term Liabilities)d)None of the above.Correct answer is option 'B'. Can you explain this answer?.

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