Accountancy, asked by aaggroup2002, 11 months ago

Give example: increase in liability , increase in assets and capital
Can " started business with bank loan" be answer to this question?

Answers

Answered by sachinarora2001
0

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?
aaggroup2002: started business with bank loan
sachinarora2001: yes
aaggroup2002: we have to give an example....a single example..and that single example have to show all these three effects ( assets (+) capital (+) liability (+) ) altogether
satyaprakashparida3: Start your business chai stall
Answered by yugrajsahi
0

Answer: Yes because cash is increasing as well as liability is also increasing

Explanation:

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