About Account Formula

Accountancy

what is the formula for liability [Video Time Stamp: 00:00] Video Details ------------- Free Course - Paper 1- Principles & Practice of Accounting Basic Accounting Procedures - Journal Entries #10. Balance Sheet

Haneeksha SR

CA Foundation

★ 0

28-Sep-25 19:43

149

Answers (1)

Assets = Equity (capital) + liability Liability = Assets - Capital

CA Suraj Lakhotia

Admin

29-Sep-25 10:15