Question

(ii) Bought good
(111) Bought goods from Raman on
[Ans. Cash 300,000; Stock P45,000; Capital 90,000; Creditors
4. Prepare accounting equation from the following transactions of Shivnarayan
25,000
15.000
10,000
6,000
1,000
7,500
(1) Commenced business with cash
(ii) Cash purchases
(i) Credit purchases
(iv) Cash sales (cost * 5,000)
(v) Bought Furniture on credit
(vi) Paid to creditors
[Ans. Cash 38,500; Stock * 20,000; Furniture * 1,000; Creditors 73,500; Capital
mounting equation from the following
26.000.]
+0000
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Answer 1

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Ye galat h