Question

.
Show the accounting equation on the basis of the following transaction:
(a)
Udit started business with:
(i) Cash
(ii) Goods
(b) Purchased building for cash
(c) Purchased goods from Himani
(d) Sold goods to Ashu (Cost Rs. 25,000)
(e) Paid insurance premium
(f) Rent outstanding
(g) Depreciation on building
(h) Cash withdrawn for personal use
(i) Rent received in advance
6) Cash paid to himani on account
(k) Cash received from Ashu
Rs. 5,00,000
Rs. 1,00,000
Rs. 2,00,000
Rs. 50,000
Rs. 36,000
Rs. 3,000
Rs. 5,000
Rs. 8,000
Rs. 20,000
Rs. 5,000
Rs. 20,000
Rs. 30,000
​

Answer 1

Answer:

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Explanation:

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