Maharashtra State BoardHSC Commerce 11th
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Select the most appropriate alternatives given below and rewrite the sentence :____________ is excess of assets over liabilities - Book Keeping and Accountancy

MCQ

Select the most appropriate alternatives given below and rewrite the sentence :
____________ is excess of assets over liabilities

Options

  • Goodwill

  • Capital

  • Investments

  • Drawings

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Solution

Capital is excess of assets over liabilities

Concept: Balance Sheet
  Is there an error in this question or solution?
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 9 Final Accounts of a Proprietary Concern
Exercise Q.3 | Q 1 | Page 316
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