Question

Write the Accounting Equation and find out the missing figures:

Answer 1

1. Assets = Capital + Liabilities

Rs. 3,40,000 = Rs. 3,20,000 + Rs. 20,000

1. Liabilities = Assets – Capital

= Rs. 2,00,000 = Rs. 3,50,000 – Rs. 1,50,000

1. Capital = Asset – Liabilities

= Rs. 1,75,000 – Rs. 2,00,000 – Rs. 25,000.