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7. Use Accounting Equation to show the effect M/s Royal Traders : (a) Started Business with Cash (b) Purchased goods for cash (c) Rent received

7. Use Accounting Equation to show the effect M/s Royal Traders : (a) Started Business with Cash (b) Purchased goods for cash (c) Rent received (d) Salary outstanding 1,20,000 10,000 5,000 2,000

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