Bachu Nageshwer
Bachu Nageshwer
7 years ago

If the total liabilities of a business decrease by Rs.5,000 what will be the effect on total assets ( assuming the amount of capital remain same)

A. Remain constant

B. Decrease by Rs. 5,000

C. Increase by Rs. 5,000

D. Increase by Rs. 10,000

Answer: Option B


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