Question
Show the effect of following transactions on accounting equation: 1. Shaheen started business with: Cash Goods Plant & Machine Rs. 100000 20,000 5,0000 2. She
Show the effect of following transactions on accounting equation:
| 1. | Shaheen started business with: Cash Goods Plant & Machine | Rs. 100000 20,000 5,0000 |
| 2. | She purchased goods | 50000 |
| 3. | Business sold goods (Costing Rs. 2000) for | 2500 |
| 4. | Purchased goods on credit | 70000 |
| 5. | Payment made to creditors | 50000 |
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Victorian Literature And Finance
Authors: Francis O'Gorman
1st Edition
0199281920, 978-0199281923
