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
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Answered by
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
Hope its useful.!!
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
Hope its useful.!!
sujiritha95:
pls mark it as brainliest answer
Answered by
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
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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