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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

The excess of assets over liabilities is ________. - Accountancy

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Question

The excess of assets over liabilities is ________.

Options

  • Loss

  • Cash

  • Capital

  • Profit

MCQ
Fill in the Blanks

Solution

The excess of assets over liabilities is Capital.

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Features of Incomplete Records
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Chapter 1: Accounts from incomplete records - Multiple choice questions [Page 30]

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Samacheer Kalvi Accountancy [English] Class 12 TN Board
Chapter 1 Accounts from incomplete records
Multiple choice questions | Q I 4. | Page 30
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