Question
Total opening balances of assets and liabilities are Rs 10,000 and Rs 5,000 respectively. Find out the opening capital of the business?
Answer: Option B
:
B
Opening capital = Total assets - Liabilities
= Rs 10,000 - Rs 5,000
= Rs 5,000.
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:
B
Opening capital = Total assets - Liabilities
= Rs 10,000 - Rs 5,000
= Rs 5,000.
Was this answer helpful ?
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