Calculate the total assets if: (i) Capital is ₹ 40,000. (ii) Creditors are ₹ 25,000. (iii) Revenue during the period is ₹ 50,000.

1.14K viewsSeptember 16, 2023Accounting Equation TS Grewal Class 11

Anurag Pathak28.38K September 16, 2023 0 Comments

Calculate the total assets if:

(i) Capital is ₹ 40,000.

(ii) Creditors are ₹ 25,000.

(iii) Revenue during the period is ₹ 50,000.

(iv) Expenses during the period are ₹ 40,000.

[Total Assets = ₹ 75,000.]

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Calculate the total assets if: (i) Capital is ₹ 40,000. (ii) Creditors are ₹ 25,000. (iii) Revenue during the period is ₹ 50,000.

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

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