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Byju's Answer
Standard XI
Accountancy
Relationship between CLEAR and AE
Capital = Ass...
Question
Capital = Assets - Liabilities
A
False
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B
True
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Q.
Give one example of each of the following transactions:
(i) Increase in an asset and a liability.
(ii) Decrease in an asset and a liability.
(iii) Increase in assets and capital.
(iv) Decrease in assets and capital.
Q.
Total Assets ₹22,00,000; Fixed Assets ₹10,00,000; Capital Employed ₹20,00,000. There were no Long-term Investments.
Calculate Current Ratio.