Saved Bookmarks
| 1. |
Started business with-cash 2,00,000, Goods worth 10,000 and Computer20,000/- |
|
Answer» Assets= cash + Goods ( STOCK) + computer ( Assets)LIABILITY=0 (in this case because nothing buy on a credit) CAPITAL= cash + goods + computerso, 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+20,0002,30,000. =. 2,30,000I hope it will help you |
|