Question 25 of 26
Q.Complete the accounting equation
(a) Assets = Capital + Liabilities
₹1,00,000 = ₹70,000 + ?
₹1,00,000 = ₹70,000 + ?
(b) Assets = Capital + Liabilities
₹2,00,000 = ? + ₹30,000
₹2,00,000 = ? + ₹30,000
Puducherry TnboardTamil Nadu HSC First Year (DGE) Commerce Board 2026Subjective· 2mImportance★★★★★
96% · 25/26 Questions
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Start your 14-day free trial to unlock the full solution →(a) Liabilities = ₹30,000; (b) Capital = ₹1,70,000, found by rearranging Assets = Capital + Liabilities.
The accounting equation
Assets = Capital + Liabilities. Because both sides are always equal, any one unknown can be found by transposing the others.
(a) Find Liabilities
| Item | ₹ |
|---|---|
| Assets | 1,00,000 |
| Less: Capital | 70,000 |
| Liabilities | 30,000 |
Liabilities = Assets − Capital = ₹1,00,000 − ₹70,000 = ₹30,000.
(b) Find Capital
| Item | ₹ | …
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