Question

3 Give the accounting equation for the following transactions:
1. Mr. Vaibhav started business with Cash * 1,00,000.
2. Purchased goods on cre
dit from Rita Stores 9,000.
3. Purchase Laptop for office use * 10,000.
4. Sold goods to Rina on credit * 12,000.
5. Received Interest * 2,500
6. Paid Telephone bill * 1,300.​

Answer 1

Answer:

Answer:Assets. = liabilities +capital

cash+furniture+stock+machinery=S.M fur.+Yuvraj+capital

110000.+ 0 +110000 + 25000. +25000 +15000. +15000 (10000) +10000 (3500) (3500) (1500) (1500) 95000+25000+15000+10000 = 40000 + 105000 145000 =40000+105000

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