Question

Section -
Answer any FOUR questions, each question carries SIX marks.
19. Prepare Accounting Equation on the basis of the following:
a. Harish started business with cash *2,00,000
b. Purchased goods from Naman for cash 1,40,000
c. Sold goods to Bhanu costing 10,000​

Answer 1

Answer:

A- Cadh A/c Dr. 200000

To Capital A/c 200000

B-Purchased A/c Dr. 1,40,000

To Cash A/c 1,40,000

C- Cash A/c Dr. 10,000

To Sales A/c 10,000