Question

Prepare the accounting equation from the following
of pranya:-
pranya starts business from cash 60,000

12,000 cash purchases

18,000 purchased from Apura

16,000 goods sold for Rs10,000

rent paid 40,000

17,500 paid to Apoorva in full settlement

give right answer and i mark you as brainlist​

Answer 1

Answer:

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Explanation:

1) asset side cash (+175000) and capital(+175000)

2)asset side stock (+50000)and liability side creditor (+50000)

3) assets side stock (-17500), debtors (+20000) and capital(+2500)

4) asset side furniture(+10000) ,cash (-10000)

5)asset side cash (-48500) and liability side (-50000)and capital(+1500)

6) cash (+20000) ,debtor (-20000)

7) cash (-1000)and capital(-1000)

8)cash (-3000) and capital (-3000)