Question

If there are four liabilities eg. creditors 10,000 Bills Payable * 5,000, outstanding expenses 10,000,
other loan 5,000 and cash available is ? 15,000.​

Answer 1

Answer:

is yes. the. croccet ujeifbrif

Answer 2

Answer:

The total cash available is around 15,000.

Explanation:

• In Financial Accountancy, Liabilities is defined as the kind of financial obligation in which the business that has to be paid at end of accounting periods related to any person or any businesses.
• They have benefit of money, good or services.
• The liabilities will last for about a short term as well as long term.
• The short term liabilities are due for about 12 months and long term liabilities will become due and will not be for more than 12 months within the accounting period.

• Types of liabilities:

1) Current Liabilities

2) Non-Current liabilities

3) Contingent Liabilities

Given that:

creditors    10,000

Bills Payable  5,000

outstanding expenses   10,000

other loan   5,000

cash available 15,000.

To find:

Bank overdraft =?

Solution:

Let us calculate the value overall, we get,

creditors              = ₹ 10000

bills payable       = ₹  5000

o/s expenses       = ₹ 10000

loan                      = ₹ 5000

cash available     = 15000

Bank overdraft    = 15000

From the above calculation, we can conclude that the customer has received a Bank draft of over ₹ 15,000.

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