The total assets of the proprietor are ? 5,00,000. His liabilities ? 3,50,000. Then his capital in the business is
A. Rs 8,50,000
B. Rs 1,50,000
C. Rs 3,50,000
D. Rs 4,25;000
Answer:B
The total assets of the proprietor are ? 5,00,000. His liabilities ? 3,50,000. Then his capital in the business is
A. Rs 8,50,000 B. Rs 1,50,000 C. Rs 3,50,000 D. Rs 4,25;000