Question

determine the missing amounts on the basis of the accounting equation.

asset = liabilities + capital.
200000 = 15000 + ?.
? = 5000 + 10000.
10000 = ? + 8000. ​

Answer 1

Explanation:

Working Capital = Current Assets - Current Liabilities

as per the question

Asset = Liabilities + Capital.

• 2,00,000 = 15000 + ?.

Asset = 2,00,000

Liabilities = 15000

Capital = ??

2,00,000 - 15,000 = 1,85,000

• ? = 5000 + 10000.

Asset = ??

Liabilities = 5000

Capital = 10,000

15,000 = 5,000 + 10,000

• 10,000 = ? + 8000.

Asset = 10,000

Liabilities = ??

Capital = 8000

10,000 = 2,000 + 8000