Question

Given Accounting equation for the following transactions for Naresh for the year ended 31/12/2019 1) Started business with Cash I 36000 ii) Paid rent in advance I 800 iii) Purchased goods for Cash & 10,000 & on Credit & 4000 iv) Sold goods for cash 78000 (corting 7 4800) v) Rent paid I 2000 & Rent outstanding € 400 Vi) Bought a motor Cycle for personal we + 16000 vii) Purchased equipment for Cash & 1000 viii) Paid to creditors +1200 ix) Depreciation of equipment & So x) Buriney expense write the answers to t 800​

Answer 1

Answer:

Harman’s friend live in Odissa and Harman

live in Chandigarh Harman's friend told him

that there a lot of cyclone comes and make

many destruction but Harman said there is

not like that Why?

(a) Odissa is a plain

(b) Chandigarh has mountain

(c) Chandigarh is not near ocean

(d) None

Explanation:

Harman’s friend live in Odissa and Harman

live in Chandigarh Harman's friend told him

that there a lot of cyclone comes and make

many destruction but Harman said there is

not like that Why?

(a) Odissa is a plain

(b) Chandigarh has mountain

(c) Chandigarh is not near ocean

(d) None