Question

If total assets rupees 78000 and net worth rupess 48000 calculated
creditors

Answer 1

Net Worth = Total Assets - Total Liabilities

48000 = 78000 - Total Liabilities

Total Liabilities = 78000 - 48000

Total Liabilities (Creditors) = 30000

Answer 2

Net Worth = Assets - Liabilities

Here, Liabilities = Creditors

48,000 = 78,000 - Creditors

Creditors = 78,000 - 48,000

Creditors = Rs.30,000