Question

Calculate total assets if(a)capital is ₹ 40000 (b) creditors ₹25000 (c)revenue during the period ₹ 50000 expenses during the same period are ₹40000

Answer 1

Answer:

Calculate the total assets if: i. Capital is Rs.40,000. ii. Creditors are Rs.25,000. iii. Revenue during the period is Rs.50,000. iv. Expenses during the period are Rs.40,000.Read more on Sarthaks.