Question

journalism the following transactions commenced business with cash RS 50,000 purchased goods for cash RS,9,000 ​

Answer 1

Answer:

transaction. lf. assets = capital + liability

cash + goods

started business. 50,000 = 50,000 + 0

with cash

purchased -9,000 + 9,000 = 0 + 0

goods

eq. 41000 + 9000. =. 50,000 + 0