Question

a) Only ability side of the equation
Asset and Liability both
Which of the following equations is correct?
by Only assets side of the equation
d) Only capital side of the equation
a) None of these
b) Assets - Liabilities - Capital
c) Assets + Capital - Liabilities
d) Assets Liabilities Capital
Find out the value of assets if Liabilities Rs.5000 and Capital Rs. 1000
b) Rs.3000
a) Rs.4000
c) Rs.5000
d) Rs. 6000
Withdrawal of cash from the business by the proprietor is credited to:
b) Profit and Loss A/C
a) Drawing A/C
********​

Answer 1

capital liabilities capital 1000 5000