Prepare Accounting Equation from the following: (4) (a) Started business with Cash Rs.1,00,000. (b) Paid rent in advance Rs.3,000. (c) Purchase goods for Cash Rs.50,000 and Credit Rs.20,000. (d) Sold goods for Cash Rs.80,000 (costing Rs.40,000). (e) Paid salary in cash Rs.4,500 and salary outstanding Rs.1,000. (f) Bought motor cycle for personal use Rs.30,000.\ DO IT QUICK!!!!!
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23-Nov-2018 · 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%.
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