Question

find out the capital if creditor equity is ₹35000 and assets are ₹75000
class 11th accounting
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Answer 1

Answer:

heyaa,,,

assets =capital + liability (creditors)

75,000= capital+35000

capital = 75000-35000

= 40,000.

Answer 2

Answer:

assets =liability +capital n

capital= assets -liability

capital= 75000- 35000

= 40000