2. Paid for Rent 2,000.
Q. 9 (A). Prepare Accounting Equation from the Un
1. Started business with cash 75.000 and goods 25.000
3. Bought goods for cash 30,000 and on credit for 244.000.
4. Goods costing 50.000 sold at a profit of 259 out of which €27.500 received
5. Purchased a Motorcycle for personal use *20.000
749.000 + Debtors 35.000 - Liabilities:
in Cash
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