saileshneupane70 saileshneupane70
  • 23-12-2020
  • Business
contestada

Beginning balance of capital Rs. 40,000 and liabilities Rs. 10,000. Accounting equation​

Respuesta :

Samawati
Samawati Samawati
  • 26-12-2020

Answer:

Assets = Rs. 50,000

Explanation:

The accounting equation is expressed as below.

Assets= Liabilities + Owner’s Equity

If capital is Rs, 40,000 and liabilities, RS. 10,000, then assets will be

Assets = Rs. 40,000 + Rs, 10,000

Assets = Rs. 50,000

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