Question

create accounting equation on the basis of the following transactions.
i) Started the business with cash Rs.65,000, stock Rs.45,000 and furniture
Rs.75,000
ii) Purchased goods from Madhavan Rs.45,000
iii) Sold goods for Rs.20,000
iv) Purchased machinery Rs.10,500
v) Returned goods to Madhavan Rs.5,500saction

Answer 1

Explanation:

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