In the name of ALLAH, the most beneficient, the most merciful

Business Finance (ACC501)

Question (select most suitable option)

  A firm reports total liabilities of Rs. 300,000 and owner‟s equity of Rs. 500,000.What would be the total worth of the firm‟s assets?
Rs. 300,000
Rs. 500,000
Rs. 800,000
Rs. 1100,000