Question

    If the capital of a business is 230000, liabilities are 50000, loss 80000, then asset will be?

    A 400000 Correct Answer Incorrect Answer
    B 320000 Correct Answer Incorrect Answer
    C 360000 Correct Answer Incorrect Answer
    D 200000 Correct Answer Incorrect Answer

    Solution

    The required formula is as follows, Total Assets = Capital + Liabilities − Loss ​

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