Use accounting equation to show the effect of the following transactions of M/s Royal Traders: (a) Started
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Use accounting equation to show the effect of the following transactions of M/s Royal Traders:
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(a) Started business with cash (b) Purchased goods for cash (c) Rent received (d) Salary outstanding (e) Prepaid Insurance (f) Received interest (g) Sold goods for cash (Costing 5,000) (h) Goods destroyed by fire *1,20,000 10,000 *5,000 €2,000 1,000 ₹700 €7,000 *500
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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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