If total assets of business are 1 50 00 and capital of business is 45000 calculate amount of liability in business
Answers
Answered by
1
We know that,
Asset = Capital + Liability
150000 = 45000 + Liability
Liability = 150000 - 45000
Liability = 105000
krishnpal:
hy
Answered by
0
capital employed or capital invested in business = assets of business + liabilities of business
so, liabilities of business = capital employed - assets of business
since , capital employed = 45000 and assets of business = 15000
then, liabilities of business = 45,000 - 15,000
= 30,000
hence , liabilities of business= 30,000
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