Question

if the assets of business are ₹100,000 and equity is₹20000,the value of liability will be?

Answer 1

Answer:

as ASSETS=CAPITAL+LIABILITY

100000=20000+LIABILITY

LIABILITY=100000-20000

LIABILITY=80000

Explanation:

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Answer 2

Step by Step explanation:

Given: Assets are ₹$100,000$ and the equity is ₹$20,000$

To find: The value of the liability.

For calculation of liability,

We know that Assets $=$ Capital $+$ Liability

⇒ $100,000=20,000+Liability$

⇒ $100,000-20,000 = Liabiltiy$

⇒ $80,000$

The liability is ₹$80,000$.