Capital= total assets - total liabilities

rs 150000= x- rs 50000
x= rs 150000+ rs 50000
=rs 200000.

Calculating Total Assets

To calculate the total assets of a business, we need to consider the capital and liabilities of the company. Assets are the economic resources owned by a business that have measurable value. They can be categorized into current assets and fixed assets.

Current Assets:
Current assets are the short-term assets that can be converted into cash within one year or the normal operating cycle of the business. Examples of current assets include cash, accounts receivable, inventory, and prepaid expenses.

Fixed Assets:
Fixed assets are the long-term assets that are used in the production or operation of the business and have a useful life of more than one year. Examples of fixed assets include land, buildings, machinery, and vehicles.

Calculating Total Assets:
To calculate the total assets, we add up the current assets and fixed assets of the business. The formula is as follows:

Total Assets = Current Assets + Fixed Assets

Given Information:
Capital (Owner's Equity) = Rs 150,000
Liabilities = Rs 50,000

Calculating Total Assets:
1. We know that capital (owner's equity) represents the owner's investment in the business. Therefore, the capital is part of the total assets.
2. Liabilities represent the debts or obligations of the business. Since liabilities are not assets, we need to subtract them from the total assets to determine the owner's equity.
3. Owner's equity is the residual interest in the assets of the business after deducting liabilities. It can also be calculated as the difference between total assets and liabilities.
Owner's Equity = Total Assets - Liabilities
4. Rearranging the equation, we can calculate the total assets using the following formula:
Total Assets = Owner's Equity + Liabilities

Using the Given Information:
Total Assets = Rs 150,000 (Capital) + Rs 50,000 (Liabilities)
Total Assets = Rs 200,000

Conclusion:
The total assets of the business are Rs 200,000, considering the given capital of Rs 150,000 and liabilities of Rs 50,000. It is important to analyze a company's assets as they provide an indication of the value and financial health of the business.