Question

Rohit started a business unit with a capital of ₹ 500000. From accounting point of view the business unit has ₹ 500000 cash available as financial source i.e. Rohit who is the owner of the business has ₹ 500000 with the business unit as his capital. sources available​

Answer 1

Answer:

your answer

1. asset = 500,000 + 500,000 + 500,000

             =  1,500,000

2. Liabilities = 500,000 + 500,000

                     = 1,000,000

3. Jake’s Equity = 1,500,000 - 1,000,000

                           =  500,000

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Explanation:

Answer 2

500,00 is the correct answer