Plez answer this question....
Dear student
total liabilities = owner' capital + creditors at the end + revenue during the year - expenses during the year
= Rs 60,000 + Rs 50,000 + rs 70,000 - Rs 65,000
= Rs 1,15,000
Owner's capital at the end = owner's capital in the beginning + revenure during the year - expenses during the year
= Rs 60,000 + Rs 70,000 - Rs 65,000
= Rs 65,000
Regards
total liabilities = owner' capital + creditors at the end + revenue during the year - expenses during the year
= Rs 60,000 + Rs 50,000 + rs 70,000 - Rs 65,000
= Rs 1,15,000
Owner's capital at the end = owner's capital in the beginning + revenure during the year - expenses during the year
= Rs 60,000 + Rs 70,000 - Rs 65,000
= Rs 65,000
Regards