Accountancy, asked by Skeshri8237, 1 year ago

Abc co has a capital of rs 100000 long term liabilities for rs 50000 and net profit during tge year rs 15000 and the amount of total liabilities is rs 175000. what will be the amount of current liabilities

Answers

Answered by sujiritha95
1
Given ,
opening capital = 100000
long term liabilities = 50000
net profit = 15000
total liabilities = 175000


total liabilities = long term liabilities + current liabilities 
     175000     = 50000+ current liabilities 
current liabilities = 175000-50000
                            =125000


current liabilities =125000

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Answered by RohitSaketi
0
Given...

Capital of ABC & co. = 100000

Net Profit during the year = 15000

Long term liabilties = 50000

Total Liabilities = Long term Liabilties + Short Term liabilties..

175000 = ( 100000 + 50000 ) + Short Term Liabilties

175000 - 150000 = Short Term Liabilties

25000 = Short Term Liabilties.

Assuming that there are no other liabilties in Short Term Liabilties except current liabilities..

So.. Current Liabilties = 25000
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