Accountancy, asked by kumarpradeep6868, 7 days ago

Show the Accounting Equation (A = L + C) of the following transactions on assets and liabilities: (i) Introduced ₹ 8,00,000 as cash and ₹ 1,00,000 by stock. (ii) Deposited ₹ 5,00,000 into the bank. (iii) Purchased building for ₹1,00,000 and issued a cheque  for the same. (iv) Purchased goods worth ₹ 80,000 for cash and for ₹ 35,000 in credit. (v) Goods amounting to ₹ 45,000 was sold for ₹ 60,000 on cash basis. (vi) Withdrawn by owner for personal use ₹ 25,000.

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Answered by Anonymous
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