Question

0.28 Show an Accounting Equation on the basis of the following transactions
Sunil started business with cash
Opened a Bank Account by depositing * 25,000 out of cash
He sold his personal car for 50,000 and deposited the amount in the firm's Bank Account
(iv)
He purchased a building and furniture for
1,00.000
()
He purchased goods from Ram on credit
(vi)
He paid cartage
(vii)
He said to Shyam on credit goods costing & 6,000 for
(vii) Received rent from tenants
Received security deposit from tenants
(ix) (*)
1,560
Purchased stationery for cash
Invested in shares (personal)
50.000
Received Interest in cash
200
(mit) Introduced fresh capital
25,000
(xiv) Goods destroyed by fire
SOO
33 135​

Answer 1

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