Question

2.1 ₹ Bt 1,50,000 16. Show an Accounting Equation on the basis of the following transactions: (i) Sunil started business with cash (ii) Opened a Bank Account by depositing 25,000 out of cash (iii) He sold his personal car for 50,000 and deposited the amount in the firm's Bank Account (iv) He purchased a building and furniture for (0) He purchased goods from Ram on credit (vi) He paid cartage (vii) He sold to Shyam on credit goods costing 6,000 for (viii) Received rent from tenants (ix) Received security deposit from tenants (x) Purchased stationery for cash (xi) Invested in shares (personal) (xii) Received interest in cash (xiii) Introduced fresh capital (xiv) Goods destroyed by fire 1,00,000 50.000 500 9,000 1.000 1.500 100 50.000 200 25.000 500​

Answer 1

Answer:

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