Question

Q22. Prepare an Accounting Equation on the basis of the following transactions :
1. Started business with cash Rs.70000
2. Credit purchase of goods Rs. 18,000.
3. Payment made to creditors in full settlement Rs. 17,500.
4. Purchase of machinery for cash Rs. 20,000.
5. Depreciation on machinery Rs. 2,000. PLEASE HELP ME IN THIS Question​

Answer 1

Answer:

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