Question

1. Prepare an accounting equation on the basis of the following:
(a) X started business with cash
(6) Purchased goods for cash
(C) Furniture purchased for cash
(d) Commission received
(e) Sold goods (costing 12,000)
( Expenses paid
(g) Sold goods on credit (Costing * 1,500)
(h) Paid rent
₹
1,20,000
22,000
3,000
7,200
21,000
800
2,000
12.000​

Answer 1

Answer:

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