Liabilities | Amount (Rs) | Assets | Amount (Rs) | ||
Capital A/cs: | Land and Building | 2,70,000 | |||
Gagan | 4,35,000 | Furniture | 1,80,000 | ||
Anurag | 2,00,000 | 6,35,000 | Machinery | 2,00,000 | |
Employees Provident Fund | 90,000 | Current Investment | 1,00,000 | ||
Investment Fluctuation Reserve | 20,000 | Sundry Debtors | 80,000 | 80,000 | |
Workmen Compensation Reserve | 1,05,000 | Less: Provision for Doubtful debts | (8,000) | 72,000 | |
Cash | |||||
28,000 | |||||
8,50,000 | 8,50,000 |
A) 15%
B) 25%
C) 11.11%
D) 10%
Correct Answer: D
Solution :
10%You need to login to perform this action.
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