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If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?

A)  $5000 B)  $10,000 C)  $15,000D)  $20,000

Accounting Auditing Financial Reporting Financial Systems Financial Accounting
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Question added by Ahmed Hassanin CMA , Financial Planning and Controlling Manager , Methode Electronics
Date Posted: 2015/07/03
Upvote (0) Views (10) Followers (3) Answers (3) Report Question
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Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option C is the right answer.

Wasim khan wazir
by Wasim khan wazir , Finance Specialist , Mott Macdonald

Total assets $15000.................

lakshminarasimham mallareddi
by lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Correct Answer is B) $10,000 Cash $1000 Inventories $4000 Debtors$5000

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