Started business with cash ₹ 50,000 Show the effect of the following transactions on the Accounting Equation:

707 viewsSeptember 18, 2023Accounting Equation TS Grewal Class 11

Anurag Pathak27.13K September 18, 2023 0 Comments

Show the effect of the following transactions on the Accounting Equation:

(i) Started business with cash ₹ 50,000

(ii) Salaries paid ₹ 2,000

(iii) Wages outstanding ₹ 200

(iv) Interest due but not paid ₹ 100

(v) Rent paid in advance ₹ 150

Anurag Pathak Changed status to publish September 18, 2023

Add a Comment

1 Answer

Anurag Pathak27.13K Posted September 18, 2023 0 Comments

Solution:-

Anurag Pathak Changed status to publish September 18, 2023

Add a Comment

Anurag Pathak

Anurag Pathak is an academic teacher. He has been teaching Accountancy and Economics for CBSE students for the last 18 years. In his guidance, thousands of students have secured good marks in their board exams and legacy is still going on. You can subscribe his youtube channel and can download the Android & ios app for free lectures.

Articles: 7711

Telegram Channel

Telegram Channel

Started business with cash ₹ 50,000 Show the effect of the following transactions on the Accounting Equation:

1 Answer

Anurag Pathak

1 Answer

Anurag Pathak

Related Questions