Question

4. Prove that the accounting equation is satisfied in all the following transactions of Suresh : () Commenced business with cash * 60,000; (ii) Rent paid in advance + 500; (in) Purchased goods for cash * 30,000 and credit * 20.000; (iv) Sold goods for cash * 30,000 costing *20.000; (v) Paid salary * 500 and salary outstanding + 100; (vi) Bought motor-cycle for personal use * 5.000.Give soon
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Answer 1

Answer:

30,000

Explanation:

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