Business, 26.06.2021 14:00 judyewert

Following transactions are given: a. Started business with bank balance of Rs. 200,000. b. Purchased goods worth Rs. 80,000, payment made by cheque for Rs. 60,000. c. Paid salary of Rs. 20,000 by cheque. d. Sold goods costing Rs. 50,000 for Rs. 70,000 cash. e. Paid to creditor Rs. 4,000. f. Purchase goods for cash Rs. 10,000. g. Interest Rs. 5,000 was earned but not received. Required: Accounting equation.

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Following transactions are given: a. Started business with bank balance of Rs. 200,000. b. Purchased...