Shri Krishna has the following assets and liabilities on 31" March, 2020:
Bank Balance 50.000; Cash 20,000: Debtors 25.000; Stock 7 12,000; Sundry Credit
216,000, Bills payable? 5.000Bill Receivable 2,000. Find his capital.
[Ans. 88.00
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Answer:
Assets, liabilities and Capital
Explanation:
Accounting equation
Assets = liabilities + Capital
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