Started business with cash rupees 50000
Purchased goods rupees 10000
Purchased furniture on credit rupees 30000
Create accounting equation
Answers
Answered by
2
Answer:
50000:(30000+10000)
=5:4
Answered by
0
Assets =Liabilities+Capital
Therefore 1st- 50000= Liabilities+ 50000
50000=50000
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