Accountancy, asked by nayandatta005, 7 months ago

commenced business with cash 1,00,000

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Answered by kakkarneha16

Answer:

Prepare Accounting Equation from the following: (i) Started business with cash ₹ 1,00,000 and Goods ₹ 20,000. (ii) Sold goods worth ₹ 10,000 for cash ₹ 12,000. (iii) Purchased furniture on credit for ₹ 30,000.

Answered by priyanka30neel

Answer:

cash a/c Dr to capital a/c 1 lakh

hope it helps you☺️

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commenced business with cash 1,00,000​

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commenced business with cash 1,00,000