Accountancy, asked by kiranbaskar8055, 1 month ago

IF THE CAPITAL OFA BUSINESS IS RS. 1,20,000 AND OUTSIDE LIABLITIES ARE RS.20.000 CALCULATE TOTAL ASSESTS OF BUSINESS

Answers

Answered by rinky8devi
1

we always find to business assets , liabilities subtract from capital of business

now put the value according to questions

1,20,000 - 20,000 = 1,00,000

Answered by AllenGPhilip
2

Answer:

1,40,000

Explanation:

ASSETS = LIABILITY + CAPITAL

  • ASSET = 20,000 + 1,20,000
  • ASSET = 1,40,000
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