Question

5. Prepare accounting equation from the following transactions: (a) Started business with cash of 1,00,000 (b) Bought from Navin Traders 3 50,000 (c) Returned goods to Navin Traders 5,000 (d) Cash received from Navin Traders * 43,000 in full settlement. (e) Opened Bank Account with 5,000 (f) Withdrawn from Bank * 2,000 for office use
give me answer with accountancy stepse ​

Answer 1

Answer:

40,500 and the 2,500 is the paise