Question

Use accounting equation to show the effect of the following transaction of MS Royal traders started business with cash 120000 purchase goods for cash 10010 rasid 5000 Delhi salary outstanding 2003 paid insurance 1000 received interest 700 sold goods for cash costing 5000-7000 goods destroyed by fire 500

Answer 1

Answer:

A triangle and a parallelogram on the same base btween the same prallalels