1.

Write the accounting equations and find out the missing figuresS.No.Assets (Rs)Liabilities (Rs)Capital (Rs)(a)50,00030,000?(b)?25,00020,000(c)40,000?16,000

Answer»

a. Assets – Liabilities = Capital

=Rs. 50,000 – Rs. 30,000 = Rs. 20,000

b. Asset = liabilities + Capital Rs. 45000 

= Rs. 25,000 + Rs. 20,000

c. Liabilities = Assets – Capital 

= Rs. 24,000 = Rs. 40,000 – Rs.16,000



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