Question

a. Surveen commenced business with cash Rs. 60000 and stock Rs. 30000.

b. Purchase goods for Rs. 30000 and on credit Rs. 15000.

c. Sold goods (costing Rs. 16000) for Rs. 14000 in cash.

d Sold goods (costing Rs. 12000) for 15000 on credit.

e. Goods donated for Ladakh residents Rs. 7000.

f. Cash received from a customer Rs. 3000.

g. Cash paid to suppliers Rs. 4000​

Answer 1

The answer is Accouting Equation for 110000