Question

Goods sold to suresh for rs.5000. What is the accounting equation for this?
.Variables
..effect
...equation

Answer 1

Answer:

suresh a/c dr

to sales

Explanation:

goods sold to Suresh RS 5000

Answer 2

Answer:

In Accounting Equation Do The Following:

Stock or Goods: (-5000)

Debtor: (+5000)

Explanation:

As The Goods Are Sold, The Stock Decreases and Suresh Has To Pay The Amount Right? So, he is The Debtor and He Owes You Rs.5000. So Debtor Column Gives Rise to Rs.5000

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