Question

Using following balances and transactions show accounting equation: Cash 26,000. Bank
Balance 1,500, Debtors 3,000. Goods *4,500. Furniture 23,000, Creditors 25,250 and
Capital 12.750.
1.500
1500
200
(i) Purchased goods for cash
(ii) Purchased goods from Ram Saran
(iii) Returned goods to Ram Saran
(iv) Bad Debts
(v) Goods lost by fire
(vi) Amount received by cheque from debtors
(vii) Goods costing 3.000 sold at 20% profit, balf the amount received in cash
(viii) Purchased goods for cash 2,250 and on credit for 1,500
(ix) Paid to creditors by cheque *1.500
(x) Interest allowed on capital 750
750
1.500​

Answer 1

Answer:

18300

Explanation:

Mark me brilliant