Question

Prepare Accounting Equation from the following : (i) Ram started business (ii) Furniture purchased (iii) Rent paid (iv) Wages paid (v) Goods purchased on credit from X (vi) Goods sold on credit to Y cost Rs 4,000.​

Answer 1

Answer:

ii), Bought furniture for, 500. (iii), Purchased goods on credit, 4,000. (iv), Sold goods on cash (cost ₹ 500) for, 700. (v), Received rent, 200.

mark my answer Brainiest answer

follow me pls