Question

Prepare Accounting Equation from the following: −
a) Started business with cash ₹ 75,000 and goods ₹ 25,000.
b) Paid for Rent ₹ 2,000.
c) Bought goods for cash ₹30,000 and on credit for ₹ 44,000.
d) Goodscosting₹50,000soldataprofitof25%,outofwhich₹27,500
received in Cash.
e) Purchased a Motor-cycle for personal use ₹ 20,000.please tell fast

Answer 1

Answer:

279,375

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