Shri Arvind Kumar comments sport business with capital of rupees 60000 assets rupees 10000 find out the liability
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assets = capital + liability
assets = 10000
capital = 60000
liability = ?
according to formula.
10000 = 60000+ liab.
- liab. = 60000 - 10000
-liab. = 50000
assets = 10000
capital = 60000
liability = ?
according to formula.
10000 = 60000+ liab.
- liab. = 60000 - 10000
-liab. = 50000
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