Question

ng equation is satisfied in the following cases:
1. Sumit commenced business with cash40,000 and goods 25,000.
2. Sold 40% goods at a profit of 30% to Sohan.
3. Goods costing 1,000 was given as charity and goods worth 2,000
was taken away by Sumit for domestic use.
4. Salary is paid as advance 3,000 to a worker, Ram whose wife is ill.
5. Insurance Premium was paid 4,000 of which \th relates to next
year.
Rent paid 5,000 but it is still due 1,000.​

Answer 1

1. 15000

10

¹000

2000

4000