4.Prepare accounting equation on the basis of the following (a) Amit started business with cash ₹ 30,000. (b) Amit purchased machinery for cash ₹ 6000. (c) Amit paid rent ₹ 750. (d) Amit purchased goods on credit ₹ 7500.
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Amount needed to start business= ₹30,000
Amount purchased on machinery is = ₹6000
Amount paid on rent =Rs.750
Amount purchased on goods = Rs.7500
Total= ₹44215 he spend
Amount purchased on machinery is = ₹6000
Amount paid on rent =Rs.750
Amount purchased on goods = Rs.7500
Total= ₹44215 he spend
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