Question

Q1:- prepare an accounting equation form the following data:-

1. Started business with cash ₹100000 and goods ₹50000.

2. Purchase goods from Ram for 65000.

3. Sold goods to Mohan costing ₹50000 at a profit of ₹5000.

4. Paid salary ₹3500 and salary outstanding ₹2000.

5. Withdrew for personal use₹2200. (5)


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Answer 1

Answer:

John F. Mitchell and Martin Cooper of Motorola in

John F. Mitchell and Martin Cooper of Motorola in

John F. Mitchell and Martin Cooper of Motorola in

John F. Mitchell and Martin Cooper of Motorola in

Explanation:

John F. Mitchell and Martin Cooper of Motorola in