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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.

Posted by Nikhil Kumar 2 years, 6 months ago

CBSE > Class 11 > Accountancy

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