show the effect of following transactions on accounting equation
1. anurag commenced business with cash Rs 4,00,000
2.Borrowed cash Rs
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Explanation:
Show the effect of the following transactions on the Accounting Equation: (i) Started business with cash ₹ 50,000. (ii) Salaries paid ₹ 2,000. ... (ii) Sold goods worth ₹ 10,000 for cash ₹ 12,000.
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