Question

From the
following information prepare accounting equation
Akash started business with cash 2,00,000 and furniture 50000.
2) He purchased goods for
Rs 20,000

3) withdrew goods for
personal use on 1st oct 2018
April 2018

4) Depreciation charged on furniture @ 20%
5) Interest allowed on capital @ 5%
pa.
6) interest charged on drawings
@ 10% pa
​

Answer 1

Answer:

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