29. Prepare ACCOUNTING EQUATION from the the following:
(a) Arun started business with cash Rs 2,00,000
(b) Purchased goods for cash Rs 40,000
(c) Sold goods to Chinnu Rs 12,000
(d) Bought furniture on credit Rs 7,000 from Revathy & co
(e) Paid Rent Rs. 5000
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Answer:
paid rent rs 5000
Explanation:
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