If creditors are Rs25 000 capital is Rs1 50 000 and cash balance is Rs10 000 what will be the amount...........

If creditors are Rs25,000, capital is Rs1,50,000 and cash balance is Rs10,000, what will be the amount of sundry assets?

Rs1,75,000

Rs1,85,000

Rs1,65,000

Rs1,40,000

To find the amount of sundry assets, you can use the accounting equation: Assets = Liabilities + Capital.

- Given:

- Creditors (Liabilities): Rs 25,000

- Capital: Rs 1,50,000

- Cash balance (included in Assets): Rs 10,000

- Calculate total assets:

- Total Assets = Liabilities + Capital = Rs 25,000 + Rs 1,50,000 = Rs 1,75,000

- Deduce sundry assets by subtracting cash from total assets:

- Sundry Assets = Total Assets - Cash = Rs 1,75,000 - Rs 10,000 = Rs 1,65,000

- Option 3: Rs 1,65,000 is indeed correct.

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