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
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
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Understanding Financial Statements
Authors: Lyn Fraser, Aileen Ormiston
11th edition
133874036, 978-0133874037
