A business has following items in it Land ? Vehicles Rs.600,000 Debtors Rs. 1,20,000 Cash Rs.30,000 Owners’Equity Rs.1,000,000 Loan 5,00,000 Creditors Rs.50,000What is the value of the land………………….. e) 1,000,000 f) 1,550,000 g) 800,000 h) None of these

A business has following items in it Land ? Vehicles Rs.600,000 Debtor

1.	A business has following items in it Land ? Vehicles Rs.600,000 Debtors Rs. 1,20,000 Cash Rs.30,000 Owners’Equity Rs.1,000,000 Loan 5,00,000 Creditors Rs.50,000What is the value of the land………………….. e) 1,000,000 f) 1,550,000 g) 800,000 h) None of these
Answer» The value of the land is 800,000.

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A business has following items in it Land ? Vehicles Rs.600,000 Debtors Rs. 1,20,000 Cash Rs.30,000 Owners’Equity Rs.1,000,000 Loan 5,00,000 Creditors Rs.50,000What is the value of the land………………….. e) 1,000,000 f) 1,550,000 g) 800,000 h) None of these

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