Accountancy, asked by roomakanade, 11 months ago

accounting equation for withdrew cash from Bank rupees 1000 for office use ​

Answers

Answered by Anonymous
2

Explanation:

Collenchyma tissue is composed of elongated cells with irregularly thickened walls. They provide structural support, particularly in growing shoots and leaves. Collenchyma tissue makes up things such as the resilient strands in stalks of celery.

Answered by Alcaa
1

Answer:

Assets = Liabilities + Capital

Cash + Bank =Liabilities

1000  + (-1000) = 0

Explanation:

Cash and Bank both belong on the asset side itself. Thus withdrawing from one and to other won't make any difference on either side.

Only that cash balance in business will increase and bank balance will decrease by the same amount.

Accounting equation states the effect of every business transaction has dual effect and the same is shown by writing down in an equation form.

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