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