Question

Started business with-cash 2,00,000, Goods worth 10,000 and Computer
20,000/-​

Answer 1

Answer:

Assets= cash + Goods ( stock) + computer ( Assets)

liability=0 (in this case because nothing buy on a credit)

capital= cash + goods + computer

so, we have formula which is Assets = Liability+ Capital ( which means both side must be equal)

so, now put all these things

2,00,000+10,000+20,000=0+2,00,000+10,000+20,000

2,30,000. =. 2,30,000

I hope it will help you