Show the accounting equations on the basis of the following transactions. (i) Raghunath commenced business with cash ~ 80,000 (ii) Purchased goods on credit ~ 20,000. (iii) Withdrew cash for private...


Show the accounting equations on the basis of the following transactions.


(i) Raghunath commenced business with cash ~ 80,000


(ii) Purchased goods on credit ~ 20,000.


(iii) Withdrew cash for private use ~ 2,000.


(iv)Sold goods on credit (cost-price ~ 15,000) ~ 20,000


(v) Purchased furniture ~ 1,500




May 07, 2022
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