Question

Rahim sold goods (cost price ₹2000) for ₹5000
What will be the answer in accounting equation!?

Answer 1

Answer:

3000

Explanation:

he bought good for 2000 and he sold it for 5000 so heearn 3000 profit

Answer 2

In accounting equation , cost price will be taken( Stock will be less than from ₹2000) and there is addition of profit ₹3000 in capital. And cash also increases from ₹5000.