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Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assets
- a)Rs. 170,000
- b)Rs. 150,000
- c)Rs. 110,000
- d)Rs. 80,000
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the ...
In the balance sheet Total Assets=Total Liabilities
Here, details of liability side is given to us.
► Total Liabilities= equity+Liability+profit of the year
= 90,000+60,000+20,000
= 1,70,000
Here, details of liability side is given to us.
► Total Liabilities= equity+Liability+profit of the year
= 90,000+60,000+20,000
= 1,70,000
Most Upvoted Answer
Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the ...
Equity refers to the value of an asset after all debts and other obligations have been paid off. In financial terms, equity is the residual value of an entity's assets after deducting its liabilities. It represents the ownership interest of shareholders in a company, which is calculated by subtracting the company's liabilities from its assets. Equity can also refer to ownership in a property, such as a home, where the equity is the portion of the property's value owned by the homeowner after the mortgage has been paid off. In the context of investments, equity refers to a type of security that represents ownership in a company, such as stocks or shares.
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Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the ...
asset = liability + capital profit is also owners money so asset =60000+20000+90000 asset = 170000
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Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer?
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Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer?.
Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer?.
Solutions for Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Equity – Rs. 90,000, Liability – Rs. 60,000 Profit of the year – Rs. 20,000, Find Total Assetsa)Rs. 170,000b)Rs. 150,000c)Rs. 110,000d)Rs. 80,000Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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