Question

Show the following transactions in an Accounting Equation:

a) Sold personal investments for ₹8, 00,000 and invested 3/4th

of the money into new business.

b) Purchased goods from Saurabh for ₹5, 00,000 and availed 10% Trade discount

c) Distributed goods ( cost price Rs.30,000 and selling price ₹33,000) as a part of promotional

campaign.

d) Paid Saurabh 25% of the amount due to him and availed 2% cash discount.

e) 1/3rd of the above goods available with the business were sold at a profit of 10% on cost and half

of the payment is received in cash.
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Answer 1

Answer:

sorry... don't know the answer