Prepare accounting equation from the following: (a) Kunal started business with cash *2,50000 (b) He purchased furniture
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Prepare accounting equation from the following:
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(a) Kunal started business with cash *2,50000 (b) He purchased furniture for cash 35,000 (c) He paid commission 2,000 (d) He purchases goods on credit (e) He sold goods (Costing 20,000) for cash *40,000 *26,000
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The Accounting Equation is Assets Liabilities Owners Equity Capital Lets analyze the effect of each ...View the full answer
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Related Book For
Accountancy Financial Accounting Part 1 Textbook For Class 11
ISBN: 9788174505071
1st Edition
Authors: NCERT
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