19. Prepare Accounting Equation on the basis of the following:
a. Harish started business with cash ₹2,00,000
b. Purchased goods from Naman for cash ₹1,40,000
c. Sold goods to Bhanu costing ₹10,000
Answers
Answered by
2
Explanation:
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Answer:
Answer
Assets = liabilities + capital
Cash+stock = credirors + o/s rent +capital
1)
18000
18000
2)
−5000+7000=2000 +18000
13000+7000=2000 +18000
3)
4000−2400 1600
14000+4600=2000 +19,600
4)
−1000=200 −1200
16000+4600=2000 200+18400
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