Using accounting, calculate the missing boxes in the table.

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Using accounting, calculate the missing boxes in the table.

Banking & FinanceFinance ManagementGrowth & Empowerment
Assets (Rs.)Liabilities (Rs.)Owners’ equity (Rs.)
5000022000XXX
11600XXX5600
10000055000XXX
50000XXX29000
4500016000XXX
41300XXX36500

Solution

The solution is explained below −

We know accounting equation => Assets = Liabilities + Owner’s equity

Assets (Rs.)=Liabilities (Rs.)+Owners’ equity (Rs.)
50000=22000+28000
11600=6000+5600
100000=55000+45000
50000=21000+29000
45000=16000+29000
41300=4800+36500
raja
Mandalika
Published on 25-Sep-2020 20:01:41
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