Capital = Options: A . &nbspAssets + Liabilities B . &nbspAssets - Liabilities C . &nbspEquity + Liabilities D . &nbspEquity + Assets

Capital =

Question

Capital =

Options:

A . Assets + Liabilities

B . Assets - Liabilities

C . Equity + Liabilities

D . Equity + Assets

Answer: Option B
:
B
capital = Assets - Liability.

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Question 1. Total opening balances of assets and liabilities are Rs 10,000 and Rs 5,000 respectively. Find out the opening capital o....5,000 respectively. Find out the opening capital of the business?

Question 2. Drawings are shown as _____....

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Question 4. Closing capital = Rs 1,20,000. Shares issued during the year Rs 45,000. Drawings = Rs 10,000. Profit for the y....= Rs 30,000 . What shall be the opening capital?

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Question 7. Opening capital = ....

Question 8. Cost of goods available for sale – closing inventory =....

Question 9. Which of the following is correct about incomplete records?....

Question 10. Identify the correct formula used to ascertain the closing balance of capital:....

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