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Prepare Accounting Equation from the following …

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Prepare Accounting Equation from the following transactions: 1. Started Business with cash Rs. 2,00.000. 2. Purchased goods on credit Rs. 80,000. 3. Took a Bank loan Rs. 70,000. 4. Purchased goods on cash Rs. 25,000. 5. Sold goods for cash Rs. 6,000. 6. Sold goods for cash costing Rs. 2,000 at Rs. 2,500. 7. Sold goods for cash costing Rs. 8,000 at 7,000

Posted by Atiksh Bhatia 4 years, 7 months ago

CBSE > Class 11 > Accountancy

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