Accountancy, asked by Anonymous, 10 months ago

Q. 1. Prepare Accounting Equation from the following :-
1. Sandeep started business with Cash -1, 00,000
2. Purchased furniture for cash- 5,000
3. Purchased goods for cash-20, 000
4. Purchased goods on credit-36, 000
5. Paid for rent-700
6. Goods costing 40,000 sold at a profit of 20% for cash
Solve it urgently.​ I will mark braiinliest who will answer the correct.​

Answers

Answered by arathiprabha30
1

Answer:

Accounting equation is Assets = Liabilities + Capital

Answered by hacker444
5

Answer:

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