ul Rajveer
6. Prove that
rove that the accounting equating is satisfied in all the following transactions of
Sandeep and Prepare Balance Sheet at end.
Commenced business with cash * 1,80,000 and Bank Balance * 60.000.
Gi) Cash withdrawn from bank for office use * 20,000.
(iii) Internet bill paid in cash * 10,000.
(iv) Provide interest on capital 5,000.
(v) Commission received by cheque * 20,000.
(vi) Cash withdrawn from bank for personal use 3,000.
(vii) Additional Capital introduced * 20,000.
(viii) Charged interest on drawings * 4,000.
(Ans. Cash * 2,27,000 + Bank * 40,000 = Capital * 2,67,000)
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