A firm has assets of ₹ 1,00,000 and the external liabilities of ₹ 60,000. Its capital would be _______.
A. ₹ 1,00,000
B. ₹ 40,000
C. ₹ 1,60,000
D. ₹ 60,000
Answer:B
A firm has assets of ₹ 1,00,000 and the external liabilities of ₹ 60,000. Its capital would be _______.
A. ₹ 1,00,000 B. ₹ 40,000 C. ₹ 1,60,000 D. ₹ 60,000