Accountancy, asked by rkll, 1 year ago

Prove accounting equation
Assets = liability + capital

Purchased goods worth Rs. 40,000 for cash and Rs. 45,000 on account...

Answers

Answered by xevilplaylistx
0

Assets = capital+ liabilities

goods➡️(+)85000

cash➡️(-)40000

creditors ➡️(+)45000

cash+stock=creditors

(-)40000+85000=45000

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