Question

ajeet started business with cash 20,000,
he purchased furniure for 2,000,
he paid rent of 200,
he purchased goods on credit 3,000,
he sold goods (cost of 2,000) for 5,000 cash
by preparing a balance sheet

Answer 1

Explanation:

LIABILITY ASSETS

20000 5000

2000

200

3000

why the answer is given in this type