Short Answer Type Questions
5) Develop the Accounting Equation on the basis of following transactions :
(i) Mukesh started business with cash
(i) Purchased furniture for cash
h 7 495 000 Furniture 5.000
Furniture 5,000 = Capital 5,00,000]
5,00,000
5,000
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2
Answer:
transactions :
(kesh started business with cash
(i) Purchasedrhu furniture for cash
h 7 49franceurniture 5.000
Furniture 5,000 = Capital 5,00,000
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Explanation:
bevelop the accounting equation on the basis of following transactions
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