Question

1. Prepare accounting equation on the basis of the following:
(a) Harsha started business with cash
Rs.2,00,000
(b) Purchased goods from Naman for cash
Rs. 40,000
(c) Sold goods to Bhanu costing Rs.10,000/-
Rs. 12,000
(d) Bought furniture on credit
Rs. 7,000
10
Conds pa 30
Teht​

Answer 1

Explanation:

cash account debited to capital account