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Prepare Accounting Equation on the basis …

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Prepare Accounting Equation on the basis of the following transactions: ( Started business with cash 200,000. (ii) Credit purchase of goods 30,000. (iii) Payment made to creditors in full settlement 29,000. (iv) Purchase of machinery for cash * 50,000

Posted by Archit Kumar 2 years, 5 months ago

CBSE > Class 11 > Accountancy

1 answers

Gurleen Kaur 2 years, 2 months ago

Answer. Assets= cash.121,000 machinery.50,000 Capital= 171,000

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