Question

864
Basic Accounting
8.
Mr. Nizam Uddin owner's of Nadia Enterprise invented Tk. 1,20,000 and a ma-
chine costing Tk. 80,000 to start his business on June 1, 2018. The following trans-
actions occurred during the month of June :-
2018
June 3 Purchase on equipment for Tk. 50,000.
6 Salaries paid Tk. 2,000.
9 Sales on creidt Tk. 25,000.
11 Service provided for Tk. 15,000, cash received Tk. 10,000.
14 Mr. Nizam withdraw Tk. 8,000 for personal purpose.
16 Purchases supplies on credit Tk. 7,500.
20 Rent paid 6,000, wages paid for Tk. 5,000 and utility unpaid for Tk. 4,000.
26 Sold a machine for Tk. 18,000.
Instructions:
Show the effects of the above transaction on the Accounting equation.​

Answer 1

Answer:

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