Prepare Accounting Equation on the basis of the following:
a. Suresh started business with cash ₹2,00,000
b. Purchased goods from Ajay for cash ₹1,40,000
c. Sold goods to Ajit costing ₹10,000
d. Deposited ₹10,000 into bank
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Accounting Equations for the following cases:
Explanation:
refer to the given image
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