Accountancy, asked by nimraashraf245, 29 days ago

cash paid to creditors is recorded in accounting equation as ______

Answers

Answered by sukhdeepkhera0127

30

Answer:

Transactions | Asset = Liabilities + Capital

| ₹ ₹ ₹

_____________|____________________

Cash paid to | - 2000 = - 2000 + 0

creditors |

(let's say 2000) |

_____________|____________________

New Equation | - 2000 = - 2000 + 0

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