Question

If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ₹2 lakh, goodwill is ₹2lakh, Accrued incomes are ₹50,000, what is net worth?

A ₹12 lakh
B ₹13 lakh
C ₹14 lakh
D ₹15 lakh
E ₹17 lakh
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