Mathematics, 22.12.2020 15:30, tward4569

8. Show the accounting equation on the basis of the following transactions (1) Manu started business
6.00.000
Cash
1.00.000
Goods
90.000
(i) Purchased office machine for cash
70.000
() Sold goods (costing 760000) for credit to Asha
(iv) Purchased building for cash
1.30.000
(v) Cash received from Ashu
80.000
(vi) Purchased goods on credit from M/S Ashok Traders
70.000
(vii) Salaries paid
6.000
(vii) Insurance prepaid
10.000
(ix) Cash paid to M/s Ashok Traders in full settlement
68.000
Please answer as soon as possible

Answers: 3

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8. Show the accounting equation on the basis of the following transactions (1) Manu started busines...