Accountancy, asked by Pankaj6988, 1 year ago

If the capital of a firm is rs 40000 and outside liability is rs60000 find the total assets of the firm

Answers

Answered by tirth2004
3

The total assets of the firm is 100000


Answered by sambathbhavyaa
5

Total Of Liability side is equal to Total of Asset side.

Hence, 40,000 + 60,000 = 1,00,000

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