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