Saved Bookmarks
| 1. |
Complete the accounting equation (a) Assets = Capital + Liabilities Rs. 1,00,000 = Rs. 80,000 + 20,000 (b) Assets = Capital + Liabilities Rs. 2,00,000 = Rs. + ? 40,000 (c) Assets = Capital + Creditors ? = Rs. 1,60,000 + Rs. 80,000 |
|
Answer» (a) Assets = Capital + Liabilities Rs. 1,00,000 = Rs. 80,000 + Rs. 20,000 (b) Assets = Capital + Liabilities Rs. 2,00,000 = Rs. 1,60,000 + Rs. 40,000 (c) Assets = Capital + Creditors Rs. 2,40,000 = Rs. 1,60,000 + Rs. 80,000 |
|