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Write a word, term, or phrase which can substitute the following statement.An excess of assets over liabilities. - Book Keeping and Accountancy

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One Word Answer

Write a word, term, or phrase which can substitute the following statement.
An excess of assets over liabilities.

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Solution

Capital

Concept: Additional Information (Adjustments)
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 10 Single Entry System
Exercises | Q 2. 4. | Page 355
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