Accountancy, asked by nisha1456saini, 6 months ago

anvi purchased for car Rs 500000 which he got financed from a bank to the extent
rs400000 how will be shown in the accounting equation?

Answers

Answered by pneetu667

0

Answer:

Total Fixed Assets increase by Rs.500000

Less: Cash (Current Assets) decrease by Rs.100000

-------------------

Total Assets increased by Rs.400000

--------------------

Total Liabilities will increase by Rs.400000

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