If total assets of a business are Rs.1,30,000 and net worth is Rs.80,000, calculate the creditors.

If total assets of a business are Rs.1,30,000 and net worth is Rs.80,000, calculate the creditors.
[Hint: Net worth = Assets – Liabilities]

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

Creditors = Total assets - Net worth

= Rs.1,30,000 - Rs.80,000

= Rs.50,000

5 views Answered 2023-02-05 15:29

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