Question

prepare accounting equation from the following 1.started business with cash 1,00,000
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Answer 1

Answer:Prepare an Accounting Equation from the following: (i) Started business with cash ₹ 1,00,000. (ii) Purchased goods for cash ₹ 20,000 and on credit ₹ 30,000. (iii) Sold goods for cash costing ₹ 10,000 and on credit costing ₹ 15,000 both at a profit of 20%.

Explanation:

Answer 2

Answer:

Prepare an Accounting Equation from the following: (i) Started business with cash ₹ 1,00,000. (ii) Purchased goods for cash ₹ 20,000 and on credit ₹ 30,000. (iii) Sold goods for cash costing ₹ 10,000 and on credit costing ₹ 15,000 both at a profit of 20%.

Explanation:

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