Accountancy, asked by deevitchomal, 8 months ago

D.Show the accounting equation of the following transactions and also show the Balance Sheet:
a. Started business with cash 200,000
b. Purchased household goods for 1,50,000, giving 50,000 in cash and balance through a loan.
c. Commission received in Advance 10,000.
d. Interest due but not paid * 1,000.
e. Prepaid Insurance 7,000.
f. Interest on Capital 10,000.
g. Interest on Drawings 3,000.
h. Transfer from capital to loan 50,000​

Answers

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4

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Answered by anshraghuvanshi656
0

Explanation:

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