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CUET
-- Accountancy Part B
Accounting Ratios
What will be the total debts if the Non-current Assets of a firm are ₹26,00,000, Current Assets are ₹9,00,000 and Shareholders' Funds are ₹21,50,000?
₹435000
₹3150000
₹3500000
₹1350000
TOTAL ASSETS= Non-current asset + Current asset = 2600000 + 900000 = ₹3500000 TOTAL DEBTS= Total asset - Shareholders funds = 3500000- 2150000 = ₹1350000