Question: Answer Fast and plz don't copy I really need help Give me a detailed Explanation By using Accounting Equation, find out the effect on Assets,

Answer Fast and plz don't copy I really need help Give me a detailed Explanation

Answer Fast and plz don't copy I really need help Give me

By using Accounting Equation, find out the effect on Assets, Liabilities and Capital of Priyam Garg Associates with these transactions of their Business. 1. Capital invested $ 52,150 in Cash 2. Purchased Inventory $ 5,650 from Anuj on Credit Basis 3. Paid Salary in advance $ 22,500 4. Bought a Machinery of value $ 15,000 by taking loan from Rajeev. 5. Additional capital introduced for $20,000 in the form of Machinery

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