If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities – OfficerPath

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MCQ Practice

If Cash=$1000 inventories=$4000 Debtors=$5000 fixed assets=? Capital+Liabilities=$15000 What is the Amount of total assets?

Subject: AccountingTopic: Accounting

A

$5000

B

$10,000

C

$15,000

D

$20,000

Correct Answer: A

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