Transections of m/s Vipin traders are given
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Transactions of M/s Vipin Traders are given below. Show the effects on Assets, Liabilities and Capital with the help of accounting Equation. <br> (a) Business started with cash 1,25,000 <br> (b) Purchased goods for cash 50,000 <br> (c) Purchase furniture from R.K. Furniture 10,000 <br> (d) Sold goods to Parul Traders (Costing 7,000 vide 9,000 bill no. 5674) <br> (e) Paid cartage 100 <br> (f) Cash Paid to R.K. furniture in full settlement 9,700 <br> (g) Cash sales (costing 10,000) 12,000 <br> (h) Rent received 4,000 <br> (i) Cash withdrew for personal use 3,000
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