Multiple choice

Given:

 
Initial capital

Assets at the end

Liabilities at the end| Rs. 50,000

Rs. 65,000

Rs. 6,000|

Calculate the capital at the end.

  1. Rs. 65,000

  2. Rs. 1,15,000

  3. Rs. 59,000

  4. Rs. 9,000
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Capital = Assets - Liabilities, i.e. 65,000 - 6,000 = Rs. 59,000

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