Show the accounting equation on the basis of the following transactions and present balance sheet of each accounting equation
A.commenced business with cash rs.100000
B.bought goods on credit rs.25000.
C.sold goods on credit rs.10000.
D.paid salaries rs.5000.
E.maid payment to creditors rs 20000.
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Answer:
option no. A is correct answer
commenced business with cash rs. 100000
Explanation:
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