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Assets

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p mehrok
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23 views1 page

Assets

Uploaded by

p mehrok
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ASSETS = LIABILITIES + EQUITY

Q1 90000 = 45000 + EQUITY

EQUITY = 90000 – 45000

EQUITY = 45000

Q2 ASSETS = 15000 + 45000

ASSETSB= 60000

Q3 70000 = 30000 + LIABILITIES

LIABILITIES = 70000 – 30000

LIABILITIES = 40000

Q4 +40000 = +10000 + EQUITY

EQUITY = 40000 – 10000

EQUITY = 30000

Q5 +50000 = -20000 + LIABILITIES

LIABILITIES = 50000 + 20000

LIABILITIES = 700000

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