Which of the following is correct profit or loss in case the amount received from the sale of assets Rs. 50000, total assets is

Which of the following is correct profit or loss in case the amount received from the sale of assets Rs. 50000, total assets is Rs.60000, total liabilities Rs. 20000 and realisation expenses Rs. 2000-

(A) Rs. 12000 Loss

(B) Rs. 32000 Profit

(C) Rs. 30000 Loss

(D) Rs. 12000 Profit

Which of the following is correct profit or loss in case the amount received from the sale of assets Rs. 50000, total assets is Rs.60000,

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