prepare accounting equation for rama
following:
with Rs. 1,00,000
i) Rama started business
1) He
He paid rent RS. 500
v He sold goods
7,000 for cash.
( cost price Rs.4000) Rs.
on the basis of the
iD) He purchased Furniture Loy cash RS. 4oooo
IV) He punchased goods on Credit Rs. 10,000
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