Question

Activity: 04
Show the accounting equation for the following transactions and fill the table.
1)
Mr. Manohar started business with 75,000.
2) Purchase Stationery 1,000
3) Bought goods * 6,000 from Mohan
4) Sold goods to Radha 10,000.
5) Purchase Mobile For business 2,000.
6) Sold goods costing 20,000 at a profit of 5,000.
7) Paid salary *2,500.
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Answer 1

Answer:

78500

Explanation:

75000-1000-6000+10000-2000+5000-2500