Question

1. Prepare an accounting Equation with the help of following transactions:
(a) Started business with cash R2,00,000
(b) Purchased goods from Sudesh for cash 20,000 and from Saurabh on credit for 30,000.
(c) Sold goods costing 40,000 for 50,000 and received 75% amount immediately.
(d) Transferred 20,000 from capital to loan.
(e) Paid Salaries 5,000 and Wages 3,000.00

Answer 1

Answer:

I don't know about this

Explanation:

I don't know about this I'm in 5th grade