The accounting equation for a business on a particular date: Assets ₹5,00,000; Liabilities ₹2,00,000. Capital will be: MCQ with Answer and Explanation

The accounting equation for a business on a particular date: Assets ₹5,00,000; Liabilities ₹2,00,000. Capital will be:
A. ₹2,00,000
B. ₹3,00,000
C. ₹5,00,000
D. ₹7,00,000
Answer: Option B
Solution (By JKSSB Mock Tests)
Capital = Assets - Liabilities = ₹5,00,000 - ₹2,00,000 = ₹3,00,000.

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