Accountancy, asked by Babupatel3957, 5 months ago

Show the accounting equation for the following transactions

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Answered by akp3039Karthikeyan

Answer:

Show the accounting equation on the basis of following transactions: (a) Ram started business with ₹ 25,000. (b) Purchased goods from Shyam ₹ 10,000. ... If the capital of a business is ₹ 3,00,000 and liabilities are ₹ 50,000, loss ₹ 70,000, calculate the total assets of the business.

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