Bhoopesh Ltd. gives you these transactions of their Business. Find out their effect on its Assets,...

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Bhoopesh Ltd. gives you these transactions of their Business. Find out their effect on its Assets, Liabilities and Capital by using an Accounting Equation. 1. Capital invested of amount $ 40,000 in the form of Cash 2. Purchased Shares worth $ 8,500 in the form of Cash 3. Bought a House of value $25,000 by paying $10,000 in Cash and balance by taking a Housing Loan. 4. Additional capital introduced for $ 14,000 entirely in the form of Cash only 5. Loan taken from Rahul for Working Capital requirements of $ 15,000 Bhoopesh Ltd. gives you these transactions of their Business. Find out their effect on its Assets, Liabilities and Capital by using an Accounting Equation. 1. Capital invested of amount $ 40,000 in the form of Cash 2. Purchased Shares worth $ 8,500 in the form of Cash 3. Bought a House of value $25,000 by paying $10,000 in Cash and balance by taking a Housing Loan. 4. Additional capital introduced for $ 14,000 entirely in the form of Cash only 5. Loan taken from Rahul for Working Capital requirements of $ 15,000

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