Question 15
Alpha Consulting begins with an initial cash investment of ₹50,000. The company then purchases ₹10,000 in equipment on credit. Later, they generate ₹15,000 in revenue (with ₹7,500 received in cash and ₹7,500 on credit), incur ₹8,000 in cash expenses, and pay a ₹2,000 cash dividend to owners. What is the final value of Owners' Equity?
₹57,000
₹65,000
₹55,000
₹61,000