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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:
  1. Start a business with cash $200,000 and Land $ 50,000.
  2. Bought merchandising for cash $80,000.
  3. the company sale land for cash $25,000.
  4. Purched goods from YYY firm by $50,000 on account.
  5. Sales on account to Ali Raza $ 12,000.
  6. Purchase furniture of the value of $ 5,000 by cash.
  7. Received cash form Ali Raza of $ 10,000.
  8. Return defective furniture of worth $ 1,500.
  9. aid wages $ 1,000, Rent 2,000 and Electricity Bill Payable Rs. 1,500.

Instruction: Prepare the accounting equition.

image text in transcribed
HHH is a company and had the following transcations: 1. Start a business with cash $200,000 and Land $50,000. 2. Bought merchandising for cash $80,000. 3. the company sale land for cash $25,000. 4. Purched goods from YYY firm by $50,000 on account. 5. Sales on account to Ali Raza $12,000. 6. Purchase furniture of the value of $5,000 by cash. 7. Received cash form Ali Raza of $10,000. 8. Return defective furniture of worth $1,500. 9. aid wages \$ 1,000, Rent 2,000 and Electricity Bill Payable Rs. 1,500. Instruction: Prepare the accounting equition

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