Question

Calculate accounting equation capital 100000, purchased goods for cash 40,000 and credit 30,000

Answer 1

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★ Show the Accounting Equation for the following transactions: ... Purchased goods for cash Rs 20,000 and on credit Rs 30,000 ... (iv) Sold goods for cash ₹ 40,000 costing ₹ 30,000.

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Answer 2

Answer:

Refer to the attachment