ccounting Equation
anotsolduq gaa
(ix) Deposited into Bank
[Ans. Assets = Cash 37,000 + Shares 50,000 + Stock * 25.
1,32,000]
Show the Accounting Equation from the following transaction
(i) Uday commenced business with 1,00,000.
(ii) Purchased Land for 24,000.
(iii) Constructed building at a cost of 25,000 and paid in cas
(iv) Purchased Furniture for 5,000.
(v) Purchased Goods for 8,000 on cash.
(vi) Purchased Goods for 13,000 on credit.
(vii) Sold Goods for cash 18,000 costing 12,600.
(viii)Paid Salary * 2,000 to salesman.
(ix) Paid Insurance premium on building 500.
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