Question

5)
From the following business transactions of a business firm for the month of
July 2020, prepare Accounting Equation:
July 01: Balance of Cash 1,20,000; Goods 45,000; Debtors 24,000;
Capital * 1,79,000 and creditors 10,000.
July 05: Goods sold (costing * 15,000) on credit to Dinesh at 20% profits
on cost.
July 12: Outstanding salary * 9,000,
July 17: Commission received in advance * 12,000.
July 26: Goods purchased for cash 25,000.
July 31: Goods given as charity * 1,000.
due
15,00
- 15000
1,57,000​

Answer 1

Answer:

Perceived expected outcomes from convergence initiatives include: 1) Increase in Social Capital: Collective planning and implementation among different stakeholders will enhance social capital. This will improve management and work output.

Explanation:

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