Accountancy, asked by kunarsachin48, 6 months ago

if total assets of a business are ₹1000000 & capital is 400000 calculate​ creditors

Answers

Answered by chintalaprasanna324
0

Answer:

answer for the following question is 960,000

Answered by harshitha926594
1

Answer:

Creditors = Total Assets - Capital

Creditors = 10,00,000 - 4,00,000

Creditors = 6,00,000

Explanation:

As we enter Total Assets in the Assets side of Balance Sheet and Capital & Creditors in the Liability side of Balance Sheet.... We can calculate the value of Creditors as above.

Similar questions