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
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here