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B opening capital is forty five thousand rupees. He introduced additional capital of fifteen thousand rupees in the form of goods. What is new capital?

Answer and explanation

Correct answer: Sixty thousand rupees

Goods can also be capital contribution. Therefore forty five thousand plus fifteen thousand gives sixty thousand capital.

Related tags

Goods As CapitalAdditional CapitalNumericalCapital AccountsPartnership Accounts Basic ConceptsAccountancyClass 12 Mcq

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