Give example: increase in liability , increase in assets and capital
Can " started business with bank loan" be answer to this question?
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Example of increase in liability - Creditors valued at ₹ 2000 from 1000
Example of increase in assets - Furniture increased @30%
Yes....Business started with bank loan
aaggroup2002:
my answer is right?
started business with bank loan
yes
we have to give an example....a single example..and that single example have to show all these three effects ( assets (+) capital (+) liability (+) ) altogether
Start your business chai stall
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Answer: Yes because cash is increasing as well as liability is also increasing
Explanation:
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