Show the accounting equation on the basic of following transation
6991jaisingh:
details to do kiski accounting equations krni h
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a)
Udit started business with:
Rs
(i)
Cash
5,00,000
(ii)
Goods
1,00,000
Purchased building for cash
2,00,000
(c)
Purchased goods from Himani
50,000
(d)
Sold goods to Ashu (Cost Rs 25,000)
36,000
(e)
Paid insurance premium
3,000
(f)
Rent outstanding
5,000
(g)
Depreciation on building
8,000
(h)
Cash withdrawn for personal use
20,000
(i)
Rent received in advance
5,000
(j)
Cash paid to Himani on account
20,000
(k)
Cash received from Ashu
30,000
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