Question

Prepare accounting equation on the basis of the following:
(i) Rohan started business with cash Rs 2,00,000, bank balance Rs 3,00,000,
(ii) Purchased goods from Naman for cash Rs 40,000.
(iii) Sold goods to Richa costing Rs5,000 at profit of 20%. She paid 60% amount in cash
immediately
(iv) Purchased a car of Rs2.50.000 for personal use. Paid 60% through his saving account and balance through firm bank account​

Answer 1

Explanation:

Bank A/c Dr 300,000

cash A/c Dr 200,000

To capital A/c 5,00,000

purchase A/c Dr 40,000

To cash A/c 40,000

cash A/c Dr 3600

richa A/c Dr 2400

To sales A/c 6000

Drawing A/c Dr 1,00,000

To bank A/c 1,00,000

Answer 2

Answer:

answer

Explanation:

all question k answer