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HHH is a company and had the following transcations: Start a business with cash $200,000 and Land $ 50,000. Bought merchandising for cash $80,000. the
HHH is a company and had the following transcations:
- Start a business with cash $200,000 and Land $ 50,000.
- Bought merchandising for cash $80,000.
- the company sale land for cash $25,000.
- Purched goods from YYY firm by $50,000 on account.
- Sales on account to Ali Raza $ 12,000.
- Purchase furniture of the value of $ 5,000 by cash.
- Received cash form Ali Raza of $ 10,000.
- Return defective furniture of worth $ 1,500.
- aid wages $ 1,000, Rent 2,000 and Electricity Bill Payable Rs. 1,500.
Instruction: Prepare the accounting equition.
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