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1.Prepare accounting equation on the basis …

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1.Prepare accounting equation on the basis of the following. 1.Harsha started business with cash Rs.2,00,000 . 2.Purchased goods from Naman for cash Rs. 40,000 . 3. Sold goods to Bhanu costing Rs. 10,000, Rs. 12,000. 4.Bought furniture on credit Rs.7,000. Transaction related to balance sheet.

Posted by Kajal Balmik 5 years, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Harleen Kaur 5 years, 1 month ago

1) cash (+), capital (+) 2) cash ( -) , stock or goods (+) 3) stock (-), make debtor column in assets side (+) 4) furniture (+) , liability (+)

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