Multiple choice

From the given data, calculate the amount of capital. Assets: Building = Rs. 22000, Stock = Rs. 10000, Cash = Rs. 1000 Liabilities : Creditors = Rs. 6000, Loan from bank = Rs. 8000

  1. Rs. 14000

  2. Rs. 33000

  3. Rs. 19000

  4. Rs. 47000

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Capital = Assets - Liabilities, Rs 33000 - Rs 14000 = Rs 19000