the last statement is wrong you owe ur parents: 49 + 49 = 98 - your 1 = 97 (price of the shirt) coz 1 which is with me is asset & asset should be reduced from liability.
the last statement is wrong
you owe ur parents:
49 + 49 = 98 - your 1 = 97 (price of the shirt)
coz 1 which is with me is asset & asset should be reduced from liability.