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Authorised capital of a company is Rs.5 lac,40% of it is paid up.Loss incurred during the year is Rs.50,0.

Authorised capital of a company is Rs.5 lac,40% of it is paid up.Loss incurred during the year is Rs.50,0.Accumulated loss carried from last year is Rs.2 lac.The company has a Tangible Net Worth of a) Nil b) Rs.2.50 lac c) (-)Rs.50,0 d) Rs.1 lac.

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Question added by Muhammad Zubair , CFO / Chief Accountant , RH Group
Date Posted: 2014/04/12
Wajid Basharat
by Wajid Basharat , Senior HR Executive , Al-Rahim textile industries

C

P A Cariappa Appaiah
by P A Cariappa Appaiah , back office executive , Inspire Hond

c) (-) Rs 50,0. got the answer.

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