Question

Prove that accounting equation is satisfied in all the following transactions
of Khandelwal Enterprises:-
[e
a. Started business with cash 20,00,000.
b. Received rent in advance 5,00,000.
c. Out of total salary of 3 97,000; only * 91,000 has been paid and balance
6,000 is due to be paid.
d. Bought goods from harish on credit for 6,00,000 and from Shubham on
cash 4,00,000
e. Sold goods to Anil for 19,00,000 but he paid only 9,00,000 in cash and
promised to pay balance 10,00,000 after 10 days.
f. Bought a gift for elder son (Prakash) to give him on his first birthday * 80,000.
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Answer 1

Answer:

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Answer 2

Answer:

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