If the capital of a business is ₹ 3,00,000 and liabilities are ₹ 50,000, loss ₹ 70,000, calculate the total assets of the business.
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Total = Capital - Loss + Liabilities
Assets = 3,00,000 - 70,000 + 50,000
₹ = 2,80,000
Assets = 3,00,000 - 70,000 + 50,000
₹ = 2,80,000
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