Question

Find out the missing value of an Accounting Equation with the help of given data Cash Rs.100.000
Debtors Rs.10,000 Other Assets Rs. 1,000 Owner's equity Rs. 1.000 Liabilities
OPTIONS
Rs. 12,000
Rs. 11,000
Rs. 110,000
Rs. 111,000​

Answer 1

Answer:

12,000 is correct answer mark my questions as brainlist Please

Answer 2

Answer:

Hence, the correct option is 110,000.

Explanation:

The accounting equation states that:

Total assets should be equal to total liabilities. In this case, Total assets include cash, debtors and other assets. Total liabilities include owners equity and other liabilities.

Let liabilities be L.

Total assets=Owner's equity+Total liabilities

$100,000+10000+1000=1000+L\\111000=1000+L\\L=110,000$