Question : If Creditors are Rs 25,000, capital is Rs 3,00,000, and cash balance is Rs 20,000. What will the amount of sundry assets be?

Option 1: Rs 3,25,000

Option 2: Rs 3,05,000

Option 3: Rs 3,45,000

Option 4: none of the above

Question : If creditors are Rs 25,000, capital is Rs 1,50,000 and cash balance is Rs 10,000. What will be the amount of Sundry assets?

Option 1: Rs 1,75,000

Option 2: Rs 1,65,000

Option 3: Rs 1,95,000

Option 4: None of the above

Question : If creditors are Rs 25,000, capital is Rs 1,50,000 and cash balance is Rs 10,000. What will be the amount of Sundry assets?

Option 1: Rs 1,75,000

Option 2: Rs 1,65,000

Option 3: Rs 1,95,000

Option 4: None of the above

Question : On dissolution of a firm, its balance sheet revealed capital of Rs 5,00,000. General reserve Rs 2,00,000, creditors Rs 1,00,000 and cash balance Rs 20,000. Assets realized at 60%. What will be the loss on realization?

Option 1: 3,24,000

Option 2: 3,00,000

Option 3: 3,12,000

Option 4: None of the above.

Question : On dissolution of a firm, its balance sheet revealed capital of Rs 5,00,000. General reserve Rs 2,00,000, creditors Rs 1,00,000 and cash balance Rs 20,000. Assets realized at 60%. What will be the loss on realization?

Option 1: 3,24,000

Option 2: 3,00,000

Option 3: 3,12,000

Option 4: None of the above.