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➡ ᴄʟᴀꜱꜱ - 11
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Answered by
2
ans 1.....it represents the relationship between assets liability and owners fund(capital)
ans.3.....owners equity is the fund which is a liability of firm towards owner or properitor
ans .4......capital = asset - liability
asset=500000
liab.=100000+150000(cr. and loan)
ie.capital =500000-250000
=250000
Answered by
0
Hey mate...
here's the answer...
Ans 1)) It shows relationship b/w assets, liability and owners .
Ans 3 )))) Owners equity is the fund which is a liability of firm towards properitor .
Ans 4)))) Capital = Asset - Liability
= 500000
Liability=100000+150000(cr)
Capital =500000-250000
250000
Hope this helps❤
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