Question

JOU - R. b. 15.000)
7. Show the effect of the following transactions on Assets, Liabilities and
Capital through accounting equation:
Rs. 1.20.000
ta) Started business with cash
Rs. 10.000
Rs. 50.000
Rs.5.000
Rs. 35,000
Rs.7.000
Rs. 14.000
Rs. 35.000
Rs. 20.000
(b) Rent received
fnvested in shares
Id Received dividend
le) Purchase goods on credit from Ragani
in Pald cash for house hold Expenses
( Sold goods for cash (costing Rs.10,000)
(h) Cash paid to Ragant
(1) Deposited into bank​

Answer 1

Answer:

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Explanation:

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