Question

12. A. Prepare accounting equation from the following information (i) Sunil started business with cash Rs. 50,000; machinery Rs. 20,000 and goods Rs. 50,000. (ii) Sold 1/2 of above stock (goods) at 10% profit for cash. (iii) Rent paid Rs. 1,000; Outstanding salary Rs. 1,500. (iv) Remaining goods sold to Shekhar at 10% profit on cost at 5% cash discount.

Answer 1

Answer:

please mark me as branist plzsssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss ßsssssssssssssssssssssssssssssssssssssss sssss