prepare an accounting equation of goods costing rupees 30000 was sold for rupees 15000 in credit
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Answer:
30000 will be credited from stock column
15000 will be debited in cash column
15000 will be debited in the creditors or liability column
Explanation:
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Loss Ac dr 15000
Cash Ac dr15000
To Sales. 30000
Cash Ac dr15000
To Sales. 30000
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