Question

C. Show the accounting equation of the following transactions and also show the Balance Sheet:
1. Commenced business with cash 500,000, Goods > 100,000 and Furniture 10,000.
2. Sold goods to Rakesh on credit costing 4000 for 5,000.
3. Paid rent in advance 5,000.
4. Salary outstanding 1,000.
5. Charge depreciation on furniture 1,000.
6. Goods destroyed by fire 5,000.​

Answer 1

Answer:

MARK ME AS BRAINLIST

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