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Question Practice

If a company's debts amount to ₹200,000 and its owners' equity is ₹50,000, what is the value of its assets?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - I
Question Bank

If a company's debts amount to...

Single Answer MCQ
Q-00053918

If a company's debts amount to ₹200,000 and its owners' equity is ₹50,000, what is the value of its assets?

1

₹250,000

2

₹200,000

3

₹50,000

4

₹150,000

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