Find out the value of assets if: Liabilities=$5000 and Capital=$1000?

Question

1. $3000

2. $4000

3. $6000

4. $7000

Greg Bansiwar · Answer

6000$ would be the total assets

Sayed Rubab Sayed · Answer

$6000 it is easy.................................

Fawad Arif · Answer

A=L+C

6000 ANS

Imdad Hussain Rajput · Answer

$6000 is the right answer..............

Deleted user · Answer

3. $6,000

Asset = Capital + Liability Therefore Asset = $1,000 + $5,000

Zeeshan Dossani · Answer

Total Assets = Total Liabilities + EquityTA =5000 +1000

TA =6000

Subhranshu Ganguly · Answer

It is6000 as capital is a liability for a limited company.

Shahbaz Hayder · Answer

Option3 is the right answer.

Mohammed Asim Nehal · Answer

Correct answer is $6000....................

shuja Ali · Answer

3. $6000

Assets=Liabilities+Capital

Muhammad Usman Zubair · Answer

Option No.3 , Asset would value to $6,000 because, Asset=Liability = Owner's Equity