(viii) Cash paid to creditor 14,
9. Show the accounting equations on the basis of the following transactions and
present a balance sheet:
₹
(i) Mohan commenced business with
70,000
(ii) Purchased goods on credit
14.000
(iii) Withdrew for private use
1,700
(iv) Purchased goods for cash
10,000
(v) Paid wages
300
(vi) Paid to creditors
10.000
(vii) Sold goods costing * 12,000 on credit
15,000
(viii) Sold goods for cash (cost price 3,000)
4.000
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straightforwardly Rajesh neighbourhood variation handcrafting JH c Janice bdi
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