Monday, August 10, 2020

Complete solution of Accounting Equation - d.k goel class -11th

Question no -1 


Question no:-1     Prepare accounting equation from the following :
    1. Sandeep started business with cash Rs 1,00,000 
    2.Purchased furniture for cash Rs 5,000
    3.Purchased goods for cash Rs 20,000
    4.Purchased goods on credit Rs 36,000
    5.Paid for rent Rs 700
    6.Goods costing Rs 40,000 sold at a profit of 20% for cash 




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