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Question
A firm has assets of ₹ 1,00,000 and the external liabilities of ₹ 60,000. Its capital would be ___________.
Options
₹ 1,60,000
₹ 60,000
₹ 1,00,000
₹ 40,000
Solution
A firm has assets of ₹ 1,00,000 and the external liabilities of ₹ 60,000. Its capital would be ₹ 40,000.
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