Prove accounting equation from the following transactions
a) Commenced business with cash Rs. 3,00,000.
b) Purchased machinery on credit from machine land Rs. 50,000.
c) Took a bank loan Rs. 15,000
d) Paid to machine land Rs. 25,000
plz tell me the answer
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Answer:
Prove accounting equation from the following transactions
a) Commenced business with cash Rs. 3,00,000.
b) Purchased machinery on credit from machine land Rs. 50,000.
c) Took a bank loan Rs. 15,000
d) Paid to machine land Rs. 25,000
plz tell me the answer
Answered by
4
The prove of the points :
a) Commenced business with cash Rs. 3,00,000.
b) Purchased machinery on credit from machine land Rs. 50,000.
c) Took a bank loan Rs. 15,000
d) Paid to machine land Rs. 25,000
is given above
Refer the attachment
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