Question

. Prepare Accounting Equation from the following transactions and also prepare a Balance Sheet:(i) Anil commenced business with cash Rs.50,000.(ii) Purchased goods for cash Rs.20,000 and on credit Rs.30,000.(iii) Sold goods costing Rs.30,000 at a profit of Rs.10,000 cash.(iv) Rent paid Rs. 500.(v) Bought furniture for Rs.5,000 on credit.(vi) Bought refrigerator for personal use Rs.5,000.(vii) Goods costing Rs. 10,000 sold for Rs.9,500 for cash.(viii) Received `Rs.6,000 from debtors.

Answer 1

Answer:

I got it the answer

Explanation:

please mark me as a brain list

Answer 2

Explanation:

iI dont no answer

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