A. $4000
B. $6000
C. $7000
D. $3000
Related Mcqs:
- If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital Liabilities=$15000 What is the Amount of total assets??
- Assets-Liabilities=____________??
- If the total liabilities of a business decrease by $5000 what will be the effect on total asset??
- The excess of current assets over current liabilities is called:?
- A company was entered in hire purchase agreement and had to pay $1000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book?
- Current assets – Current liabilities=??
- The difference between current assets and current liabilities is known as____________??
- The mean radius of the earth is approximately:
- Based on which of the following concepts, is Share Capital Account shown on the liabilities side of a Balance Sheet??
- Current assets – current liabilities
