Question

Give accounting equation for the following transaction and prepare balance sheet of Mr Singh for year 2019 commenced business with cash rupees 100000 stock rupees 30000 and furniture rupees 20000 b) purchased goods for 10000 c) purchased goods from Karthik rupees 25000 D) sold goods for cash rupees 30000 costing 25000 botka for office use rupees 15000 on credit if rent paid rupees 2500 g) withdrew cash for personal use rupees 10000 h) purchase building rupees 50000 I salaries due but not paid rupees 1000

Answer 1

Answer:

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