Manoj started business with 2,30,000 Cash 1,00,000 Goods 2,00,000 Building 50,000 How to make transaction in accounting Equation?
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Explanation:
Sr.no. Particular Assets = liability
1 started business
Assets = cash +goods + building
= 100000+200000+50000
=350000
liability = capital + creditors
=230000+ 120000
in thus ques only capital is given nd ...assets ..so we calculate creditors.
so, assets capital =creditors.
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