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A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. 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 A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. 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 A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer?.

Solutions for A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer? 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.

Here you can find the meaning of A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A purchased a car for Rs.5,00,000, making a down payment of Rs.1,00,000 and signing a Rs.4,00,000 bill payable due in 60 days. As a result of this transactiona)Total assets increased by Rs.5,00,000.b)Total liabilities increased by Rs.4,00,000.c)Total assets increased by Rs.4,00,000.d)Total assets increased by Rs.4,00,000 with corresponding increase in liabilities by Rs.4,00,000.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CA Foundation tests.