Accountancy, asked by karansran22, 1 year ago

can for - "bought goods for 30000 from ganesh traders@10% " accounting equation be used - stock increased by 30000 and cash less by 27000 and profit or capital increase by 3000

is this right if not then how it will be...​

Answers

Answered by manoharsetty
1

Answer:

wrong

u biu5 good for 27,000 after trade discount so

goods increased by 27,000 and cash decreased by 27,000

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