Question

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Capital
Assets (*)
Liabilities (*)
50.000
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2.7 Complete the following Accounting equation table.
Transaction
Started business with
Cash 50,000
Purchased goods of
10,000
Goods stolen * 1,000
Sold goods for cash
5.000
Loan taken from
Bank 7,000
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2
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8 Give necessary transactions for the following effect of increase and decrease in Assets,
Capital and Liabilities.
Increase in Assets
1)
Decrease in Assets
Increase in Capital​

Answer 1

Answer:

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