Question

give the effect of asset,liability,and capital with equation. 1.arjun started business with cash rs.80000/-?​

Answer 1

Answer:

your question is incomplete

Answer 2

Answer:

ACCOUNTING EQUATION = ASSETS= LIABILITIES + OWNERS EQUITY

Explanation:

here value of asset and owners equity are same because owners equity indicates or consider as capital of a partner

so i find it through above given equation by putting values

80000=liabilities+80000

80000-80000=liabilities

so we have o liability in this situation