Theoretical FrameworkQ-2 | Meaning and Scope of AccountingQuestion 4607 of 110
All Questions

Capital+ Long Term Liabilities = Fixed Assets+ Current Assets+ Cash - Current Liabilities.

Options

A
B
C
D
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Correct Answer

✅ Option — Correct Option

All Options:

  • A
  • B
  • C
  • D

Detailed Solution & Explanation

False: Because Accounting Equation is: Capital+ Long Term Liabilities+ Current Liabilities= Fixed Assets+ Current Assets.

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