Question No 19 Chapter No 5
Calculation of Total Assets, Opening and Closing Capital and Profit and loss
19. If the capital of a business is Rs 3,00,000 and liabilities are Rs 50,000, loss Rs 70,000, calculate the total assets of the business.
The solution of Question No 19 Chapter No 5: –
Question No 19 Chapter No 5 – T.S. Grewal 11 Class - Explained with Animated Examples
Subscribe our Youtube Channel
Total Assets = Total Capital + Total Liabilities
Total Capital = Capital +/- Profit/loss
Total Capital = 3,00,000-70,000
Total Capital = 2,30,000/-
Total Assets = 2,30,000 + 50,000
Advertisement-X
Total Assets = 2,80,000/-
Please also check out all questions of this chapter which is already solved shown as follow:
Share with your friends
Comment if you have any question.
Check out T.S. Grewal +1 Book 2019 @ Amazon.in
