Question

+1.32.000 27. Show the Acounting Equation from the following transactions: Uday commenced business with 100.000 Purchased Land for 34.000 (m) Constructed building at a cost of 25.000 and paid in cash (iv) Purchased Furniture for 5.000 (9) Purchased Goods for 8.000 on cash () Purchased Goods for 13.000 on credit. b) Sold Goods for cash 18.000 costing + 12,600. Paid Salary + 2,000 to salesman ( Paid Insurance premium on building 500. Ans. Final Equation Cash + 53,500 Land 24,000 - Building * 25,000 - Furniture 5,006 - Stock 78.400 Capital ? 1,02,900 - Creditors ? 13,000.) ntine Panation and prepare a Balance Sheet on the basis of last Accounting​

Answer 1

Answer:

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