Question

Q5. Prepare an Accounting Equation from the following : 8

a) Sujeet commenced business with cash `1,00,000 and goods ` 80,000.

b) 1/2 of above goods sold to Raghav at profit of 20% on cost and 2/3

payment received in cash.

c) Purchased goods from Raman `20,000.

d) Rent paid `2,000 and Rent outstanding `1,000.

e) Received interest `500.

f) Bought cycle for personal use `5,000 .

g) Purchased Machinery `40,000.

h) Goods destroyed by fire `3,000.​

Answer 1

Answer:

alaaky I ii the uwiwu yeuwiiw i u y s and u in a few questions for you to the current situation and right or write a review for the next