Education, Business

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Accountancy

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10 questions

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  • 1. Multiple Choice
    30 seconds
    1 pt

    Number of partners in a partnership firm may be

    Maximum two

    Maximum ten

    Maximum one hundred

    Maximum fifty

  • 2. Multiple Choice
    30 seconds
    1 pt

    If the capital of a business is ₹ 5,00,000 and outside liabilities are ₹200,000. Calculate total assets of the business.

    3,00,000

    7,00,000

    10,00,000

    2,50,000

  • 3. Multiple Choice
    30 seconds
    1 pt

    Amount which the proprietor has invested in a business is known as ......

    Capital

    Liability

    Asset

    Expenses

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