Fixed assets are double the current assets and half the capital. The current assets are Rs.3,00,000 investments
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Question:
Fixed assets are double the current assets and half the capital. The current assets are
Rs.3,00,000 investments are Rs.4,00,000. Then the current liabilities recorded in the balance
sheet will be
a) 2,00,000 b) 1,00,000 c) 3,00,000 d) 4,00,000
Related Book For
Understanding Financial Statements
ISBN: 978-0133874037
11th edition
Authors: Lyn Fraser, Aileen Ormiston
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