Harish Started business with cash ₹ 18,000 What will be the effect of the following on the Accounting Equation?

674 viewsSeptember 18, 2023Accounting Equation TS Grewal Class 11

Anurag Pathak25.51K September 18, 2023 0 Comments

What will be the effect of the following on the Accounting Equation?

(i) Harish Started business with cash ₹ 18,000

(ii) Purchased goods for cash ₹ 5,000 and on credit ₹ 2,000

(iii) Sold goods for cash costing ₹ 2,500 for ₹ 4,000

(iv) Rent paid ₹ 1,000 and rent outstanding ₹ 200

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Anurag Pathak25.51K Posted September 18, 2023 0 Comments

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Harish Started business with cash ₹ 18,000 What will be the effect of the following on the Accounting Equation?

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Anurag Pathak

1 Answer

Anurag Pathak

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