Programming Examples
Python program to input assets liabilities and capital then check accounting equation means balanced or not
Write a program to input assets, liabilities and capital of a company and test if accounting equation holds true for the given value (i.e., balanced or not).
Hint : assets == liabilities + capital
Solution
capital = float(input("Enter capital : "))
assets = float(input("Enter assets : "))
liabilities = float(input("Enter liabilities : "))
if assets == liabilities + capital :
print("Balanced")
else :
print("Not balanced")
Output
Enter capital : 5000
Enter assets : 15000
Enter liabilities : 20000
Not balanced
>>>
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Enter capital : 5000
Enter assets : 20000
Enter liabilities : 15000
Balanced