Question

1. Show the accountings equation on the basis of the following transactions
and prepare a balance sheet on the basis of last equation:
1. Ram commenced business with cash
30.000
2. Purchased goods for cash
10.000
3. Bought furniture for cash
5.000
4. Bought goods on credit
15.500
5.paid rent 15000
6.sold goods costing 8000 rupees for cash 11000​

Answer 1

Answer:

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