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Standard XII
Accountancy
Debt to Equity Ratio
Fill in the b...
Question
Fill in the blanks with appropriate words in the following sentences.
The difference between Assets and Liabilities of a Trade is called _________.
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Solution
Capital.
Capital means the amount in terms of money or any asset having money value which the proprietor has invested in the business and can claim for it.
As per the accounting equation,
Assets = Capital + Liabilities
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