Accountancy, asked by sakshampahuja13, 10 months ago

As on 31st March, 2020, Books of Amit showed the following balances:-
Cash Rs. 25,000, Machinery Rs. 60,000, Stock Rs. 25,000 Capital Rs. 75,000. Calculate Liabilities

Answers

Answered by tanyatayal2019
0

Explanation:

capital= assets - liab

75000= 110000-liab

75000-110000= _liab

-35000= -liab

therefore liab = 35000

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