Question

11. Show the accounting equations on the basis of the following transactions:
(1) Mukesh started business with cash 80,000
(1) Purchased goods from Ravi 20,000
(ni) Goods costing * 10,000 sold to Ramesh for? 1500
(iv) Withdrew 4,000 for personal expenses.
(v) Paid to creditors 12,500
(vi) Received from debtors 6,000 and discount allowed 500.
(vii) Received commission * 2,500.
Supriya had the following transact​

Answer 1

Plz check your question "Goods costing 10000 sold to Ramesh for 1500 or 15000?"