Question

9. Ashwani had the following transactions. Use accounting equation to show their
effect on his assets, liabilities and capital.
(a) Brought 45,000 in cash to start business.
b) Purchased securities for cash 22.500.
(c) Purchased an office equipment for * 15,000, giving 15,000 in cash and the balance
through a loan.
(d) Sold securities costing * 3,000 for 4,500.
(e) Purchased one printer for 8,400 in cash.
Received cash for rent 10,800.
Paid cash 1,500 for loan and 900 for interest.
(h) Paid cash for office expenses 900.
Received cash for property let out 600,​

Answer 1

Explanation:

It's too long question