Accountancy, asked by abhay1688, 10 months ago

Calculate total assets, if capital-5,00,000, long term liabilities Rs. 2,00,000, short term
liabilities, 54,000.​

Answers

Answered by paaum6369
0

Explanation:

according to the accounting equation approach,

Total asset = capital + liabiliies(long term liabiliies+

short term liabilities)

total asset=5,00,000+2,00,000+54,000

=7,54,000

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