Question

Show the accounting equation for the following transactions and fill the table.
1)
Mr. Manohar started business with 75,000.
2)
Purchase Stationery 1,000Rs.
3) Bought goods 6,000Rs from Mohan.
4)
Sold goods to Radha 10,000Rs.
5)
Purchase Mobile For business 2,000Rs.
6) Sold goods costing 20,000Rs at a profit of 5,000Rs.
7) Paid salary 2,500Rs.​

Answer 1

Answer:

March 1, Manohar Lal & Sons started business with cash, 60,000. 2, Purchased furniture for cash, 10,000. 4, Purchased goods for cash ...

Answer 2

Answer:

Show the accounting equation for the following transactions and fill the table.

1)

Mr. Manohar started business with 75,000.

2)

Purchase Stationery 1,000Rs.

3) Bought goods 6,000Rs from Mohan.

4)

Sold goods to Radha 10,000Rs.

5)

Purchase Mobile For business 2,000Rs.

6) Sold goods costing 20,000Rs at a profit of 5,000Rs.

7) Paid salary 2,500Rs.