Gopinath started business with cash ₹ 25,000 Show the Accounting Equation for the following transactions
Show the Accounting Equation for the following transactions:
[Assets: Cash ₹ 20,000 + Stock ₹ 8,200 + Debtors ₹ 1,500 = Liabilities: Creditors ₹ 10,000 + Capital: ₹ 19,700.]
| i) Gopinath started business with cash | ₹ 25,000 |
| (ii) Purchased goods from Shyam | ₹ 10,000 |
| (iii) Sold goods to Sohan costing ₹ 1,800 | ₹ 1,500 |
| (iv) Gopinath withdrew from business | ₹ 5,000 |
Anurag Pathak Changed status to publish September 16, 2023
