Question

X has the following assets and liabilities as on 31st March, 2024. Determine his capital: Cash: ₹25,000 Bank: ₹47,500 Debtors: ₹18,000 Creditors: ₹22,000 Plant and Machinery: ₹80,000 Building: ₹2,00,000 Furniture: ₹24,000 Bills Receivable: ₹56,500 Bills Payable: ₹23,500

A ₹3,80,000
B ₹4,05,500
C ₹4,51,000
D ₹4,25,000
E ₹3,50,000
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