Accounting Concepts and Conventions Exercises ow Accounting Equation on the basis of the following: 1) Ramanujm started business with Rs. 25,000. ) Purchased goods on credit from Shyam : Rs. 10,000 c) Solds goods to Soman costing Rs. 1,500 for Rs. 1,800 on credit (Madras, B.C (Ans : Assets : Rs. 35,300; Liabilities Capita pare accounting equation on the basis of the following:
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Answer:
10,000
Explanation:
because it will be additional
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