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Capital of business is Rs. 75,000 and liability is Rs. 25,000 then total assets of business would be: 
  • a)
    Rs. 1,00,000
  • b)
    Rs. 15,000
  • c)
    Rs. 75,000
  • d)
    Rs. 50,000
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Capital of business is Rs. 75,000 and liability is Rs. 25,000 then tot...
Description: Assets= Capital+ Liabilities
1,00,00= 75,000+ 25,000
Therefore, the total assets would be Rs.1,00,000
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Community Answer
Capital of business is Rs. 75,000 and liability is Rs. 25,000 then tot...
Assets =capital+liability
=75000+25000
=100000
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Capital of business is Rs. 75,000 and liability is Rs. 25,000 then total assets of business would be:a)Rs. 1,00,000b)Rs. 15,000c)Rs. 75,000d)Rs. 50,000Correct answer is option 'A'. Can you explain this answer?
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