Question

Ram starts a real estate agency business with a cash investment of rupees 70,000 following business transaction have been recorded:
a) paid three months advance rent for office accommodation rupees 4,200
b) bought office car rupees 42,000
c) purchased office furniture rupees 14,000
d)bought office type writer from standard supply company rupees 6,000
e) sold extra office furniture at cost to amar for rupees 2,000 amar paid rupees 1200 in cash and accepted a bill at three months for the balance
f)amar paid the amount of the bill at maturity and ram paid half the amount he owned to standard supply company
g) collected rupees 12,ooo as commission
h) paid telephone bill amounting to rupees 300
work out the effect of the foregoing transactions on the equity of ram through the accounting equation
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Answer 1

1. Paid three months advance rent for office accommodation Rs.2,100
2. Bought office car Rs.21,000
3. Purchased office furniture Rs.7,000
4. Bought office typewriter from Standard

Brainlist please...

Answer 2

Answer:

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