48. Prove that the accounting equation is satisfied in the following transactions:
•
D)
(ii)
(in)
(iv)
Commenced business with cash Rs 50,000
Paid rent Rs 4.000 including Rs 1,000 as advance.
Bought goods for cas Rs 30.000 and on credit Rs 20,000.
Solihan
Sold the good bought on credit for Rs 25.000.
Purchased furniture worth Rs 10.000 for office use and for Rs 5,000 for domestic use.
Depreciation on furni ure provided @ 5%.
Interest on capital all wed @5%.
(V)
(vi)
(vi)
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Bhai iske liye pehle journal entries paas karni padhegi
Fir entries par se respective ledgers me posting karni padhigi
Fir trial balance ka total tally karna padhega
Fir adjustments solve karne ke kiye final ac’s-trading,p-L ac , Balance sheet tally karni padhegi
Then u can say accounting equation
Asset=capital+ liabilities is correct woh sab karne me 2 hrs waste honge bcoz mene kiya bahot boring hota hai or fir statement likhna padhega hence prooved i advised not to waste time and plz hit that thank button
Fir entries par se respective ledgers me posting karni padhigi
Fir trial balance ka total tally karna padhega
Fir adjustments solve karne ke kiye final ac’s-trading,p-L ac , Balance sheet tally karni padhegi
Then u can say accounting equation
Asset=capital+ liabilities is correct woh sab karne me 2 hrs waste honge bcoz mene kiya bahot boring hota hai or fir statement likhna padhega hence prooved i advised not to waste time and plz hit that thank button
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