If a person starts business with Rs. 50,000 cash, goods worth Rs. 50,000 and fixed assets worth Rs. 1,00,000 then his capital would be:
A. Rs. 2,00,000
B. Rs. 1,50,000
C. Rs. 1,00,000
D. Rs. 50,000
Answer: Option A
This Question Belongs to Commerce >> Accounting
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