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Fixed assets 400000 equity 150000 Liabilities 450000

Current assets will be A-50000 B-100000 C-150000 D-200000

Accounting Cost Accounting Financial Accounting CMA Costing
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Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/03/27
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Mohammed Shahid Ullah
by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Current Assets will be200000. Total Equity & Liabilities minus Fixed Assets = Current Assets

Huda Adam
by Huda Adam , Faculty of Commerce Graduate , Cairo University

Answer  D

 

Total Assets = Equity + Total Liabilities

 

 

Najiya Nazar

Assets = Equity + Liabilities

 

Current Assets =60000 -40000 =20000

 

Answer is (D)20000

Kevin Simms
by Kevin Simms , Assistant Management Accountant , HS Admin

Assets - Liabilities = Equity

 

Balancing figure is D -200,000

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