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Answers
transaction.. assets =liabilities +capital
cash +stock +debtor=creditors
started
business
with
cash 100000+0+0=+0 100000
bought
goods
for
cash. -20000+20000+0=+0+0
new equation 80000+20000+0=0+100000
sold good for cash +7000+-7000+0=0+0
new equation 87000+13000+0=0+100000
good sold to shravan 0+-6000+6000=0+0
new equation 87000+7000+6000=0+100000
bought good on credit 0+50000+0=50000+0
new equation 87000+57000+6000=50000+100000
good return to anurag 0+-5000+0= -5000+0
new equation 87000+52000+6000=45000+100000
good sold for cash +30000+-30000+0=0+0
new equation 117000+22000+6000=45000+100000
paid for electricity
Bill. -1000+0 0+0=0+-1000
new equation 116000+22000+6000=45000+99000
paid for telephone bill. -500+0+0=0+-500
New equation 115500+22000+6000=45000+98500
paid rent. -800. +0. +0=0+-800
new equation 114700+22000+6000=45000+97700
paid wages. -3000+0+0=0+-3000
New equation 111700+22000+6000=45000+94700