Question

plzzz make accounting equation transaction (a)Commenced Business with cash Rs. 1,00,000 of which he deposited Rs. 60,000 in Bank

(b) Bought goods for cash Rs. 30,000 and on credit Rs. 40,000

(c) Purchased a machine for Rs. 2,00,000 by raising loan from SBI Bank

(d) Sold goods costing Rs. 20,000 @ profit of 20% on cost to Mohan on credit.

(e) Took goods costing Rs. 5,000 and cash of Rs. 4,000 for personal use.

(f) Paid interest on loan Rs. and instalment of bank loan Rs. 20,000 by cheque.

(g) Commission received in advance Rs.8,000

(h) Mohan returned the goods worth Rs. 6,000

(i) Paid Rs. 20,000 to creditors by cheque

(j) Mohan settled his account at a discount of Rs. 500

(k) Charge Depreciation on machine @ 10% for full year.​

Answer 1

Answer:

So big questions I am unable to read