Q. Authorised capital of a company is Rs.5 lac, 40% of it is paid up. Loss incurred during the year is Rs.50,000. Accumulated loss carried from last year is Rs.2 lac. The company has a Tangible Net Worth of (Solved)
1. Nil
2. Rs.2.50 lac
3. (-)Rs.50,000
4. Rs.1 lac.
- c. (-)Rs.50,000