Accountancy, asked by shahmasherin56, 3 months ago

A frim had assets worth Rs.250000 and outside liabilities Rs.70000. Find out the amount of capital?

Answers

Answered by yogeshkhandelwal7777

Answer:

assets = cap. + liability

2500000 = cap. + 700000

capital = 1800000

Answered by sachinkumar1812

Answer:

Rs. 1,80,000

Explanation:

BASIC ACCOUNTING EQUATION = ASSETS = LIABILITIES + CAPITAL

ASSETS - LIABILITIES = CAPITAL

2,50,000 - 70,000 = Capital

Therefore, Capital = 1,80,000

I hope you will find this helpful dear...

Good luck

shahmasherin56: Prove accounting equation from the following transaction. a)commenced business with cash Rs.300000. b)Purcashed machinery on credit from machine land Rs.50000. c)took a bank loan Rs.15000. d)Paid to machine land Rs.25000?
pls can you answer this question

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