1. Show the Accounting equation on the basis
of following
transactions
Sold goods
(a commenced business with Cash 250,000 goods z 10,000 and
furniture Z1,000
(6) )
to Ron credit costing zoo for 2 500
[e paid Rent in Advance 2500
(d Salasy Outstanding IDO
les Charged depreciation of £ 200 on furniture .
goods destroyed by fire 250 0.
(9) purchased household goods for £15,000 giving a
25,000 in Cash Balance through a loan.
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Answer:
so what can we do in this situation
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