Calculate the missing amount for the following. Assets Liabilities Capital 45,00,000 7,50,000 ? ? 4,50,000 2,25,000 43,50,000 ? 41,25,000…
CA Foundation · Accounting · MTP · September 2024
Calculate the missing amount for the following. Assets Liabilities Capital 45,00,000 7,50,000 ? ? 4,50,000 2,25,000 43,50,000 ? 41,25,000 1,71,00,000 (₹ 8,40,000) ?
Suggested Answer and Working Notes:
Using the Accounting Equation: Assets = Capital + Liabilities (i) 37,50,000 (ii) 6,75,000 (iii) 2,25,000 (iv) 1,79,40,000
Topics: Theoretical Framework
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