Theoretical FrameworkQ-2 | Meaning and Scope of AccountingQuestion 4940 of 110
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Capital+Long Term Liabilities=Fixed Assets+Current Assets+Cash−Current Liabilities\displaystyle 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\text{Capital} + \text{Long Term Liabilities} + \text{Current Liabilities} = \text{Fixed Assets} + \text{Current Assets}

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