From the following information find the capital of Vijay: Total Assets 5,00,000; Creditors ₹ 1,00,000; Loan from Bank ₹ 1,50,000.
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Asset = liability + capital
Asset = Creditors + Loan from Bank + capital
5,00,000 = 1,00,000 + 1,50,000 + capital
5,00,000 = 2,50,000 + capital
5,00,000 - 2,50,000 = capital
Capital = 2,50,000
Asset = Creditors + Loan from Bank + capital
5,00,000 = 1,00,000 + 1,50,000 + capital
5,00,000 = 2,50,000 + capital
5,00,000 - 2,50,000 = capital
Capital = 2,50,000
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