If the Capital is ₹ 2,60,000 and Assets are ₹ 5,00,000, what is the amount of Liabilities?
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Asset = liability + capital
5,00,000 = liability + 2,60,000
5,00,000 - 2,60,000 = liability
liability = 2,40,000
5,00,000 = liability + 2,60,000
5,00,000 - 2,60,000 = liability
liability = 2,40,000
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