Question

If assets are Rs. 50,000 and capital is Rs. 20,000, what will be the value of outsiders liabilities?Required to answer. Single choice. (1 Point) Rs. 20,000 Rs. 30,000 Rs. 70,000 Rs. 50,000​

Answer 1

Answer:

30000

Explanation:

Capital=assets -liabilities

20000=50000-liabilities

liabilities=assets-capital(according to the formula)

liabilities=50000-20000

=30000

Answer 2

Answer:

30000

Explanation:

If total assets of a business are Rs. 1,80,000 and total outside liabilities are Rs. 50,000, the net worth of the firm will be .