Question

Accounting equation started business with cash ₹ 8,00,000,Goods ₹ 30,000 (2) purchase Goods from raj ₹ 50,000 and ram ₹30,000 (3) sold goods to mohan ₹ 1,00,000 Amount received (4) commission received ₹ 20,000 and interest ₹ 30,000 received from mohan (5) Goods return by mohan ₹ 20,000 (6) machine purchased ₹ 60,000 (7) Additional capital introduced ₹ 70,000 (8) ₹ 20,000 withdrawal for personal use.​

Answer 1

not sure whether this answer is ryt pls do check

I'm a little confused with the 5th one

this is my answer