Question

what will be effect of the following on the accounting equation?
(i)started business with cash 45000
(ii) opened a ban account with a deposit of 4500
(iii) brought goods from m/s.sun and co for 11200

Answer 1

Answer:

isme journal entry karni h

Answer 2

Answer:

Explanation:

Transaction                ASSETS                   =                      CAPITAL+LIABILITIES

                                  CASH+BANK+Stock

started ...CASH 45000 45000                                             45000

2                                      45000+4500                                   49500

3                                        45000+4500+11200                      49500+11200