Question

*
Paid saiaky
10. Give the accounting equation after each transactions.
Rajesh commenced business with cash
Bought goods for cash
(ii) Bought goods on credit
(v) Purchased furniture
() Cash paid to creditors
(vi) Received interest
(vii) Paid rent
40,000
7,000
5,000
9,000
3,000
600
800​

Answer 1

$\huge\boxed{ \underline{ \underline{ \bf{Answer}}}}$

___________________________________

${ \underline{ \underline { \bf{</strong><strong>J</strong><strong>o</strong><strong>u</strong><strong>r</strong><strong>n</strong><strong>a</strong><strong>l</strong><strong>\</strong><strong>:</strong><strong>E</strong><strong>ntries</strong><strong>\</strong><strong>:</strong><strong>:</strong><strong>-</strong><strong>}}}}$

↪️ Cash Ac Dr....40000/-

To Rajesh's Capital Ac...40000/-

[ Being started business with cash ]

↪️ Purchase Ac Dr......7000/-

To creditors Ac.....7000/-

[ Being goods purchased on credit ]

↪️ Furniture Ac Dr.....5000/-

To Cash Ac Cr.......5000/-

[ Being furniture purchased ]

↪️ Creditors Ac Dr....9000/-

To Cash Ac Cr....9000/-

[ Being paid cash to creditors ]

↪️Cash ac Dr.....3000/-

To interest Ac Cr..3000/-

[ being interest received ]

↪️Rent Ac Dr......600/-

To. Cash Ac Cr...600/-

[ Being Rent paid ]

____________________________________

Answer 2

Answer:

table

Explanation:

draw table and do the problem