Accountancy, asked by parsantradyal, 21 days ago

The assets of a business on December 31, 2018 are Rs. 50,000 and capital is Rs. 30,000. Find out the amount of liabilities.

Answers

Answered by beenamanu

2

Answer:

Answer is attached here

Attachments:

Answered by sonalikhare

1

Liabilities = Rs 20000

Explanation:

Capital + Liability = Asset

30000 + Liabilities = 50000

Liabilities= 50000 - 30000

Liabilities = 20000

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