Question

SECTION - C III. Answer any FOUR of the following questions. 19) Prepare accounting equation on the basis of the following i) 'X' started business with Cash 750,000 ii) Deposited Cash into the Bank * 5,000. ill) Purchased goods from Suma for $8,000.​

Answer 1

person is x

cash 750000

deposited on bank 5000

purchase goods 8000

minus it with cash