Question

If the total assets of a business are Rs.13,00,000 and the owners" equity is Rs. 8,00,000, the liabilities will
be
(A) Rs.5,00,000
(B) Rs.21,00,000
(C) Rs.3,00,000
(D) Rs. 4,00,000​

Answer 1

Answer:

Explanation:

Solution is in the attachment

Answer 2

Answer:

None of the above ... The correct ans is

Assets = Rs. 1,80,000; Net worth or Owner's Equity = ?; Outside Liability = Rs. 50,000

The accounting equation is:

Assets = Outside Liability + Owner's Equity or Net Worth

Rs. 1,80,000 = Rs. 50,000 + Owner's Equity or Net Worth

Owner's Equity or Net Worth = Rs. 1,80,000 - Rs. 50,000

Owner's Equity or Net Worth = Rs. 1,30,000

Explanation:

I hope this is the correct answer make me as brainliest answerer