Read the following information and answer the question.
| PARTICULARS | AMOUNT (₹) |
| Equity share capital | 15,00,000 |
| General reserve | 10,00,000 |
| Profit and loss balance ( negative) | 1,00,000 |
| Debentures | 10,00,000 |
| Loan from bank | 7,00,000 |
| Current liabilities | 4,00,000 |
| Goodwill | 5,00,000 |
| Other non-current assets | 22,00,000 |
| Current assets | 18,00,000 |
Calculate the total assets.
Answer & explanation
Correct answer: option 1
The correct answer is option 1- ₹45,00,000.
Total assets = Goodwill + other non current assets + current assets
= 5,00,000 + 22,00,000 + 18,00,000
= ₹45,00,000