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    Business
  3. Study Set
    Financial Accounting 2
  4. Exam
    Exam 2: Accounting Concepts and Principles
  5. Question
    Fixed Assets Are Double the Current Assets and Half the Capital
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Fixed Assets Are Double the Current Assets and Half the Capital

Question 2

Question 2

Multiple Choice

Fixed assets are double the current assets and half the capital. The current assets are Rs.3,00,000 and investments are Rs.4,00,000. Then the current liabilities recorded in balance sheet will be


A) 2,00,000
B) 1,00,000
C) 3,00,000
D) 4,00,000

Correct Answer:

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