Question

a) Prepare accounting equation on the basis of following
Started business with cash 40000 goods 50000 and
furniture 75000;
Charge depreciation @ 10% on furniture
that e
CS
Goods costing 10000 sold for 11000 in cash
b) Give an example of the following types of transactions
D)
Decrease in asset and owner's capital
il)
Increase in one liability and decrease in another liability
Increase in asset and liability
3+3​

Answer 1

Answer:

Explanation:

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Answer 2

Answer:

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Explanation:

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