Question

Prepare the accounting equation from the following transaction:
1.Sachin started business and introduced capital Rs.1,00,000 in cash.
2.Purchased goods in cash Rs 50,000.
3.Purchased furniture from M/s Samrat furniture Rs.20,000.
4.Sold goods costing Rs.25,000 for 35,000 against cash.
5.Paid M/s Samrat furniture.​

Answer 1

Answer:

cash a/c dr. 100000

to capital a/c 100000

Answer 2

Answer:

Explanation:

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