Prove that the accounting equation is …
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Prove that the accounting equation is satisfied in all the following transactions of
Sudhir-
1. Started business with Cash 50,000 and goods ₹20,000.
2. Bought goods for Cash 15,000 and on credit for ₹10,000.
31%. 3. Goods Costing 24,000 sold at a profit of 33%. Half the payment received in cash.
4. Purchased furniture for office use 6,000 and for household use of Sudhir €4,000.
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