Question

Show the accounting equation
(1) Started business with Cash 1,00,000; goods 340,000 and furniture 10,000
(ii) Purchased goods on credit from Ramesh for 10,000.
(iii) Received commission 1,000.
(iv) Withdrawn for personal use 5,000.
(v) Allowed interest on capital 1,000.
(vi) Paid rent 1,000 and salary 2,000.


pls send picture of solution if possible​

Answer 1

see in 11th accounting book u will get the ans

and idea also to solve the ans