Cash = Rs. 1,000, Debtors = Rs. 5,000, Inventories = Rs. 4,000, Capital+Liabilities = Rs. 15,000. What is the amount of fixed assets?

Rs.5,000

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Rs.15,000

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Rs.10,000

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None of the above

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Solution

The correct option is A
Rs.5,000

Fixed Assets = Capital + Liabilities - Cash - Inventories - Debtors
Fixed Assets = Rs. 15,000 - Rs. 1,000 - Rs, 4,000 - Rs. 5,000 = Rs. 5,000.

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Cash = Rs. 1,000, Debtors = Rs. 5,000, Inventories = Rs. 4,000, Capital+Liabilities = Rs. 15,000. What is the amount of fixed assets?

The correct option is A Rs.5,000 Fixed Assets = Capital + Liabilities - Cash - Inventories - Debtors Fixed Assets = Rs. 15,000 - Rs. 1,000 - Rs, 4,000 - Rs. 5,000 = Rs. 5,000.

The correct option is A
Rs.5,000

Fixed Assets = Capital + Liabilities - Cash - Inventories - Debtors
Fixed Assets = Rs. 15,000 - Rs. 1,000 - Rs, 4,000 - Rs. 5,000 = Rs. 5,000.