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If Assets = Rs. 99,500 and Owner's equity = Rs. 50,500 then Liabilities =?

(a) Rs.49,0 (b) Rs.55,0 (c) Rs.125,0 (d) Rs.115,700

Accounting
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Question added by SREEDEVI SUNILKUMAR , Business finance officer , Emirates Airline
Date Posted: 2014/04/15
Upvote (5) Views (12) Followers (5) Answers (7) Report Question
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Mohammad Sultan Mahmud
by Mohammad Sultan Mahmud , Accounts Manager , Abrar Plastic Industries Ltd

Accounting Equation :

Total Assets = Total Liabilities + Total Equities

99,500 = ? +50000

Assets =99500 -50000=49000

Shafiulla Mohammad
by Shafiulla Mohammad , Customer Service Adviser , University of Bedfordshire

The answer is option A - Rs49,0.

Mujtaba Hussain
by Mujtaba Hussain , Accounts officer , Miraj Entertaiments

liabilities =49,0

Unith Panakkaparambil
by Unith Panakkaparambil , Accountant , AL JESSOUR BLDG MATERIALS TRADING

LAIABILITY= TOTAL ASSETS-OWNERS EQUITY

=49000

 

Umer Sharif
by Umer Sharif , Head Of Accounts Dept , Allied Petroleum Pvt Ltd

Looks like intermediate student questions.-----49000.00

Subrahmanyam Lingamallu
by Subrahmanyam Lingamallu , Accounting Director , Nadec

Its A

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