show the accounting equation the basis …

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

• Don't post personal information, mobile numbers and other details.
• Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
• Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
• Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Cash A/C dr. 500000 Capital A/C Cr. 500000 (Bing business start with cash). Purchased A/C debit 500000 Creditors A/C credit 50000 (Bing goods purchased for credits) Creditors A/C debit 30000 Cash A/C credit 30000 (Bing paid creditors for cash) Salaries A/C debit Cash A/C credit (Bing paid salary for cash)