Question

1. Show the accounting equation on the basis of the
following transactions
[18x2=36]
1. Sheri Garnish commenced business with cash
Rs.35,000, goods Rs.8,000 and furniture Rs.7,000.
2. Bought furniture from M/s Mohan Furniture's on
credit for Rs.3,000.
3. Purchased goods from Shan for cash Rs.35,000.
4. Sold goods to Sham for cash Rs.40,000(costing
Rs.30,000).
5. Bought goods from Rajesh Rs.30,000.
6. Sold goods to Sham costing Rs.30,000 for Rs.50,000.
7. Received Rs.49,500 from Sham in full settlement.
8. Paid Rs.29,700 to Rajesh in full settlement.
9. Paid half the amount owed to M/s Mohan.
10. Withdrew Rs.1,000 for personal use.
11. Withdrew goods for personal use(cost Rs.500, sale
price Rs.600)
12. Purchased household goods for Rs.15,000 giving
Rs.5,000 in cash and the balance through a loan.​

Answer 1

Answer:

wow u r also a free fire loveer,