Question

Litultors for Furniture 30,000 + Capital: 3 1,22,000.) UITULLUT JU of h, ₹ 5. Develop -] an Accounting Equation from the following transactions: (ii) Purchased goods for cash (1) Mohan commenced business with cash (iii) Purchased goods on credit (iv) Sold goods (costing * 10,000) for (U) Bought furniture on credit (vi) Paid cash to a creditor (vii) Salary paid 50,000 30,000 20.000 12,000 2,000 15,000 1,000 [Assets: Cash 16,000 + Stock 3 40,000 + Furniture 2,000 = Liabilities: Creditors 5,000 + Vendor for Furniture 2,000 + Capital: 3 51,000..​

Answer 1

Explanation:

please follow her she is in my following list...