4. Show the Accounting Equation on the basis of the following transactions:
1. Xstarted business with cash 80,000
2. Purchased goods for cash 28,000
3. Purchased goods on credit *20,000
4. Purchased furniture for cash 6,000
5. Paid Rent 2,000
6.recieved commission 500
7.withdrew cash for private use 3000
8. sold goods on credit(cost price 30,000) 40,000
9.paid to creditors 15,000
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AashitaShree:
thankyou
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