Accountancy, asked by devendrabeniwal2162, 1 year ago

If liability is 70000 and owner's equity is 30000 what is the value of asset

Answers

Answered by swatantra0807

0

the value of assets is Rs.100000

because equity is also an liability on the company

Previous Question

Next Question

Similar questions

Science, 7 months ago

a clinical thermometer for measuring the tempreature of hot milk ...

Social Sciences, 7 months ago

() पृथ्वी की उम्र ... अरब साल के आसपास होने का अनुमान है। ...

Accountancy, 7 months ago

lo : b) Show Journal entries for the following transactions: 2020 Jan 2 : Cash deposited into bank Rs.30,000 Jan 4 Cash withdrawn from bank for office use Rs. 5000 Jan 5 Purchased goods for Rs.5000 and paid by cheque. Jan 6 : Purchased furniture and paid by cheque Rs 2000. Jan 7 Purchased goods for Rs.20,000, paid in cash Rs. 12,000 and balance by cheque. Jan 8 Purchased a comp. from HCL Ltd. For...

Biology, 1 year ago

Give three differences between parenchyma and collenchyma...

Math, 1 year ago

in the given figure ABC is diameter if a b is equal to 3 centimetres is equal 4 cm and angle is 90 degree find the area of the shaded region...

Math, 1 year ago

factorise the following 1st 7x^2-7 2nd 8-50y^2z^2....

Math, 1 year ago

please solve all these...

Math, 1 year ago

if xsquare-x-6andxsquare+3x-18 have a common factor (x+a) then find the value of a...