Question

How is Office Machine purchased for cash for
Rs.13,500/- shown in Accounting Equation?​

Answer 1

Answer:

Hey mate ! Check ur answer below.

Explanation:

Business transaction is the event which can be measured or evaluated in terms of money and have a impact on financial operations or position of the entity of the business.

 

The machine which is purchased for cash will be shown in accounting equation as:

Accounting Equation:

Assets = Liabilities + Capital

13500 = 0 + 13500

Note: Cash will decrease and assets will increase by the office machine. It will have only impact on assets.

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Answer 2

Answer:

asset = liabilities+capital

Machine= 0 + 13,500(i.e. cash)

Explanation:

This is the accounting equation use and u will get your answer