Question

Questions for practice:
1. Prepare Accounting equation:
1. Started business with cash Rs. 3.30,000)
2. Commission received Rs. 22.000
3. Interest received in advance Rs. 1.100.
4. Salary paid Rs. 22.000 5
Prepaid rent Rs. 4.400.
6. Accrued commussion Rs. 3.300 7.
Wages outstanding Rs. 11,000.


pls answer me it is very important for me........​

Answer 1

Explanation:

Prepare Accounting equation:

1. Started business with cash Rs. 3.30,000)

2. Commission received Rs. 22.000

3. Interest received in advance Rs. 1.100.

4. Salary paid Rs. 22.000 5

Prepaid rent Rs. 4.400.

6. Accrued commussion Rs. 3.300 7.

Wages outstanding Rs. 11,000.

pls answer me it is very important for me........