Question

Q-3 Prepare accounting equation from the following:-
1. Started a business with cash Rs 1,00,000 and goods Rs 20,000.
2. Sold 50% of above goods at a profit of Rs 2,000 on credit to Ram.
3. Rent paid Rs 5,000.
4. Ram paid 50% of his balance in cash.
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Answer 1

Explanation:

i hope it may help you

cash+stock+debtors| creditors+capital