prepare accounting Equation from the following transaction
a. Started
business with cash 1,00,000
b. Bought from Navin Traders ₹50,000
c. Returned goods to Navin Traders ₹5,000
d.cash paid to Navin Traders ₹43,000in full settlement
e. opened Bank account with ₹5,000
f. withdrawn from Bank ₹2,000 for
office use
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Answer:
capital 100000
sales account 50000
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