Question

The process of accounting starts with ............ and ends with ............

18. Prepare Accounting Equation on the basis of the following:
a. Kunal started business with cash ₹ 2,50,000
b. He purchased furniture for cash ₹ 35,000
c. He paid commission of ₹ 2,000
d. He sold good (costing ₹ 20,000) for ₹ 22,000
e. He purchased goods on credit ₹ 40,000
f. He gave loan to Anil ₹ 5,000

Answer 1

Step-by-step explanation:

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