1
Question
If the Capital of a business is ₹ 1,20,000 and Outside liabilities are ₹ 20,000, calculate total assets of the business.
Open in App
Solution
Assets
=
Liabilities + Capital
=
20,000 + 1,20,000
=
Rs 1,40,000
| Assets | = | Liabilities + Capital |
| = | 20,000 + 1,20,000 | |
| = | Rs 1,40,000 |
Suggest Corrections
2
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
