Question

10. Prove that the accounting equating is satisfied in all the following transactions of
Sandeep and Prepare Balance Sheet at end.
(i) Commenced business with cash 1,80,000 and Bank Balance * 60,000.
(ii) Cash withdrawn from bank for office use 20,000.
(iii) Internet bill paid in cash 10,000.
(iv) Provide interest on capital 5,000.
(v) Commission received by cheque *20,000.
(vi) Cash withdrawn from bank for personal use 3,000.
(vii) Additional Capital introduced 20,000.
(viii) Charged interest on drawings 4,000.​

Answer 1

Answer:

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