Question

B
Prepare Accounting Equation from the following and also prepare a
Balance Sheet :-
1. Raghu started business with Cash 1,50,000.
2. Bought goods for cash 80,000 and on credit for 40,000.
3. Goods costing 375,000 sold at a profit of 33%. Half the payment received
in cash.
4. Goods costing 10,000 sold for 12,000 on credit.
5. Paid for Rent 2,000 and for salaries 4,000.
Goods costing 20,000 sold for 18,500 for Cash.
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Answer 1

Answer:

accounting equation copy pr banega aise samagh nahi aaye gaa expressed nahi ho paayega bro

Explanation:

• cash a/c. Dr. 150000

to capital a/c. 150000

•. purchase a/c. Dr. 80000

to cash a/c. 80000

purchase a/c. Dr 40000

to credit a/c. 40000