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