Question

Prepare Accounting Equation from the following:- (1). Sandeep started business with Cash 1,00,000 (2). Purchased furniture for cash 5,000 (3). Purchased goods for cash 20,000 (4). Purchased goods on credit 36,000 (5). Paid for rent 700 (6). Goods costing 40,000 sold at a profit of 20% for cash. Choose the final accounting equation.

5 points

1,22,300 + 5,000 + 16,000 = 36,000 + 1,07,300

120000 + 5000 + 16000 = 36000 + 109600

100000 + 5000 + 20000 = 36000 + 89000

95000 + 5000 + 56000 = 36000 + 120000

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Answer 1

Answer:

1256.68544×10^4

Explanation:

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