In the name of ALLAH, the most beneficient, the most merciful

Financial Accounting (MGT101)

Question (select most suitable option)

  Find out the missing value of an Accounting Equation with the help of given data: Owner’s equity Rs. 22,500 Total Liabilities Rs. 80, 385 Cash Rs. 1,000 Bank Rs. 2,000 Debtors Rs. 500
Rs. 102,885 other assets
Rs. 102,885 current liabilities
Rs. 99,885 current liabilities
Rs. 99,385 other assets