What will be the total assets (except cash) of the firm from the following: if Creditor ₹ 15,000, Partner’s loan ₹ 10,000, Partners’ capital ₹ 40,000. Cash in hand ₹ 5,000
A. ₹ 60,000
B. ₹ 65,000
C. ₹ 70,000
D. ₹ 55,000
Answer:B
What will be the total assets (except cash) of the firm from the following: if Creditor ₹ 15,000, Partner’s loan ₹ 10,000, Partners’ capital ₹ 40,000. Cash in hand ₹ 5,000
A. ₹ 60,000 B. ₹ 65,000 C. ₹ 70,000 D. ₹ 55,000