if total assets of a business are ₹1000000 & capital is 400000 calculate creditors
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0
Answer:
answer for the following question is 960,000
Answered by
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.
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