Accountancy, asked by bindu059, 6 months ago

prepare accounting equation for the following : withdrew goods worth of 5000rs for personal use

Answers

Answered by aries36

Explanation:

While withdrawing goods for personal use amount will be get deducted from stock/goods as well as from capital.

ie: Assest. =liabilities + capital

Cash | Stock | Debtors | etc = capital

-5000 = -5000

Previous Question

Next Question

Similar questions

Math, 3 months ago

$\huge\red{\boxed{\blue{\mathcal{\overbrace{\underbrace{\fcolorbox{blue}{aqua}{\underline{\red{QUESTIONS}}}}}}}}}$ Find the HCF of 4X²Y³ & 6X³Y² REQUIRED GOOD ANSWER ✔...

Hindi, 3 months ago

English, 3 months ago

Math, 6 months ago

English, 6 months ago

History, 10 months ago

English, 10 months ago

Physics, 10 months ago