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Liabilities are Rs 1,80,000 and capital is Rs 3,20,000. What are the total assets?

ARs 1,40,000
BRs 3,20,000
CRs 4,00,000
DRs 5,00,000
Answer & Solution
Correct answer: D. Rs 5,00,000
Assets equal liabilities plus capital, so 1,80,000 + 3,20,000 = 5,00,000.
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