Question

If total assets of a business are Rs. 10, 00,000 and capital is Rs. 400000, calculate
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Answer 1

Answer:

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Explanation:

total asset = capital +liabilities+ profit

total asset = capital +liabilities+ profit=4, 00, 000+3, 00, 000+(reveneue -expense- unsold stock)

total asset = capital +liabilities+ profit=4, 00, 000+3, 00, 000+(reveneue -expense- unsold stock)=7, 00, 000+(7, 50, 000-2, 00, 000-2, 00, 00)

total asset = capital +liabilities+ profit=4, 00, 000+3, 00, 000+(reveneue -expense- unsold stock)=7, 00, 000+(7, 50, 000-2, 00, 000-2, 00, 00)=7, 00, 000+(3, 50, 000)

total asset = capital +liabilities+ profit=4, 00, 000+3, 00, 000+(reveneue -expense- unsold stock)=7, 00, 000+(7, 50, 000-2, 00, 000-2, 00, 00)=7, 00, 000+(3, 50, 000)=7, 00, 000+3, 50, 000

total asset = capital +liabilities+ profit=4, 00, 000+3, 00, 000+(reveneue -expense- unsold stock)=7, 00, 000+(7, 50, 000-2, 00, 000-2, 00, 00)=7, 00, 000+(3, 50, 000)=7, 00, 000+3, 50, 000=10, 50, 000 .

total asset = capital +liabilities+ profit=4, 00, 000+3, 00, 000+(reveneue -expense- unsold stock)=7, 00, 000+(7, 50, 000-2, 00, 000-2, 00, 00)=7, 00, 000+(3, 50, 000)=7, 00, 000+3, 50, 000=10, 50, 000 .total assets = 10, 50, 000