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Show the effect of following transaction …

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Show the effect of following transaction on the accounting equation: (a) Manoj started business with (i) Cash Rs. 2,30,000 (ii) Goods Rs. 1,00,000 (iii) Building Rs. 2,00,000

Posted by Shibanadan Rajbhar 5 years, 3 months ago

CBSE > Class 11 > Accountancy

2 answers

Gaurav Sharma 5 years, 3 months ago

In asset side Increase cash with 230000,increase stock with100000,increase building with 200000. Laibility side increase capital with 530000

Shibanadan Rajbhar 5 years, 3 months ago

Show the effect of following transaction on the accounting equation: (a) Manoj started business with (i) Cash Rs. 2,30,000 (ii) Goods Rs. 1,00,000 (iii) Building Rs. 2,00,000

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