Question

5 Akshay had the following transactions: V. ₹ i Commenced business with cash 2,50.000 11. Purchased goods for cash 1,00,000 Salaries paid 2,500 IV. Sold goods for cash 2,00,000 costing 1,50,000 Rent outstanding 500 vi. Purchased goods on credit 1,50.000 VIL Purchased Machinery on credit 25,000 VUI Purchased Motorcycle for personal use 25,000 ix. Purchased building for cash 1,00,000 Use Accounting Equation to show the effect of the above transactions on the assets, liabilities and capital?​

Answer 1

Answer:

vvfbbfbcbfbsbxbdbfbnsbdbdbbfbfhfbfbfbfbdvdv