Question

III) ANSWER THE FOLLOWING
2 X 6 =12
9) Create accounting equation on the basis of the following transaction
i) Opening balance on 1st January, 2019: cash Rs 20000; stock Rs.50000 and bank Rs.80000
ii) Bought goods from Suresh Rs 10000 on credit
iii) Bank Charges Rs. 500
iv) Paid Suresh Rs. 9700 through credit card in full settlement.
v) Goods purchased on credit from Philip for Rs.15000
vi) Goods returned to Philip amounting to Rs.4000

Answer 1

Answer:

hi what is the subjective

Answer 2

Answer:

can't understand

Explanation:

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