Question

if the owner equity is rs.20000 and creditors equity is rs.40000. what will be the asets of te firm?
a. none of these
b. rs.60000
c. rs.40000
d. rs.20000​

Answer 1

Answer:

Option a. None of these

Explanation:

Creditors equity is treated as liability

Asset = 20,000 - 40,000 = - 20,000

Answer 2

Answer:

(a) noun of these

I hope it's help you

pls flw me and thanks my answer guys