Question

accounting equation commered business with cash rupees 70000 bought business with cash 18000 bought machinery for cash 20000 paid creators in full settlement of 17500 depreciation on machinery 2000​

Answer 1

Explanation:

Total Assets

=

Cash + Bank + Stock

=

40,500 + 4,500 + 11,200

=

Rs

56,200

Liabilities

=

11,200

Capital

=

45,000

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