Question

23. Show the accounting equation for the following transactions:

1. Rahul started business with cash. 25000

2. Purchased goods from Shyam. 10000

3.Sold goods to Sohan costing 1800, 1500

4.Rahul withdrew from business 5000​

Answer 1

Answer:

1. cash a/c dr.. to capital a/c 25000

2. purchased a/c dr to cash cr 10000

3 cash A/C dr to sales a/c cr 3300

4. drawing a/c dr to cash a/c cr 5000

Explanation:

please recheck the answer