Question

N0.3. (Effect of transaction on accounting equation)
how accounting equation and prepare Balance Sheet after every transaction:
Commenced business with cash
Purchased goods for cash
Purchased machinery
Paid freight
Paid insurance premium
R)
25,000
5,000
10,000
100
500
(Ans. Assets 24,400; Capital 324,400)​

Answer 1

Answer:

answer is option c

Explanation:

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Answer 2

Answer:

Option C is the right answer

Explanation:

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