Question

Show the accounting equations on the basis of the following
(i) Rehman commenced business with cash 50,000.
(ii) Purchased goods on credit 18,000.
(iii) Withdrew cash for private use * 12,000.
(iv) Goods costing 10,000 sold on credit for 9,000.
(v) Purchased machinery for $20,000.
(vi) Purchased goods for cash 6,000.

Answer 1

Explanation:

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Answer 2

Answer:

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