Prepare an Accounting Equation from the following: () Started business with cash 50,000 and goods 30,000.(ii) Purchased goods for cash 30,000 and credit from Karan 20,000 (i) Goods costing R 40,000 were sold for R 55,000.iv) Withdrew cash for personal (v) Rent outstanding 2,000. use 10,000.
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2074 -2-1 Bank balance RS. 80,000 2074-2-5 Received bank order and budpet helease undez RS - 4,00,000 2074-2-12 Issued a cheque R5.60,000 to purchase machine. 2074-2-23 out of advance RS. 10000 of mr. kalie eleared as per bill of RS-8000. 2074-2-30 salary for the month of 아 jestha is distributed after deducting provident Fund as per rule. * Required's Bank cash book.
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