Q1 Prepare accounting equation from the following data • Saeed started business for cash Rs 90000 and at bank 40000. • Purchased office equipment for cash Rs 10000. Purchased merchandises from zed & co Rs 5000 • Saced soid merchandises (cost price Rs 1000) for Rs 3000 in cash Paid salaries Rs 10000 • Paid Rent Rs 4000.

Q1 Prepare accounting equation from the following data • Saeed started business for cash Rs 90000 and at bank 40000. • Purchased office equipment for cash Rs 10000. Purchased merchandises from zed & co Rs 5000 • Saced soid merchandises (cost price Rs 1000) for Rs 3000 in cash Paid salaries Rs 10000 • Paid Rent Rs 4000.

Name: aL Prepare accounting equation from the following data.• Saeed starte
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Description: aL Prepare accounting equation from the following data.• Saeed started business for cash Rs 90000 and at bank 40000.Purchased office equipment for cash Rs 10000.Purchased merchandises from zed & co Rs 5000.Saced soid merchandises (cost price Rs 1000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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