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Prepare Accounting Equation for the following …

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Prepare Accounting Equation for the following transactions:- a) Started Business with Cash Rs.1,00,000 and Bank Balance Rs.2,50,000. b) Purchased Goods from Rahul for Rs.25,000 and paid him 60% immediately. c) Sold Goods costing Rs.15,000 at a profit of Rs.20,000 to Ramesh. d) Security Deposit paid to Landlord Rs.50,000 by cheque. Also paid him Rent of Rs.20,000 in Cash.

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CBSE > Class 11 > Accountancy

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