Give Accounting Equation
1 Started business with Cash Rs 80,000 stock Rs 60,000 Machinery Rs 50,000
2 purchased goods on Credit Rs 12,000
3 purchased goods for Cash Rs 8000
4 paid wages Rs 2000
5 Received Commission Rs 1000
6 Deposited Cash in to Bank Rs 5000
7 Sold goods (worth Rs 2000) for Cash Rs 3000
8 Sold goods (worth Rs 7000) for 9000 and Rs 5000 received in Cash
9) Further Capital introduced Rs 20,000
10 withdrew for Personal use Rs 5000
11 Cash received from debtors Rs 4000
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