Question

Q.4 Show the effect of the following transactions on the accounting equation:(3 marks)
(i) Started business with cash Rs. 100,000
(ii) Salaries paid Rs. 4000
(iii) Wages outstanding Rs.400
(iv) Interest due but not paid Rs.200
(v) Rent paid in advance Rs.300​

Answer 1

Answer:

hope it's helpful

Explanation:

iv) interest due but not paid rs.200