Question

business started with cash rs.1,000 and creditors rs.2,000. ( accounting equation)​

Answer 1

Transaction:business started with cash rs.1,000 and creditors rs.2,000. ( accounting equation)

• Assets

1. Cash=1,000

=

• liabilities

1. creditors:2,000
2. Cash=1,000

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Answer 2

Answer:

business started with cash rs.1,000 and creditors rs.2,000. ( accounting equation)