Question

4. Prepare Accounting Equation from the following:

1) Raghu started business with cash 1,50,000
1) Bought goods for cash80,000 and on credit for 40,000.
III) Goods costing * 75,000 sold at a profit of 33 1/3 %. Half the payment received in
cash.
v) Goods costing 10,000 sold for 12,000 on credit.
v) Paid for rent 2,000 and for salaries 4,000.
vi) Goods costing 20,000 sold for * 18,500 on cash.​

Answer 1

Answer:

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Explanation:

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