Q2. Give the accounting equations for the following. 1. Mr X started business with cash Rs 50,000. 2. Deposited Cash Rs 10,000 into bank 3. Additional capital brought by Mr of X Rs 10,000 4 Goods purchased for cash of Rs. 10,000. 5 Goods sold for cash of Rs 7,000

Q2. Give the accounting equations for the following. 1. Mr X started business with cash Rs 50,000. 2. Deposited Cash Rs 10,000 into bank 3. Additional capital brought by Mr of X Rs 10,000 4 Goods purchased for cash of Rs. 10,000. 5 Goods sold for cash of Rs 7,000

Name: Q2. Give the accounting equations for the following.1. Mr X started b
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Description: Q2. Give the accounting equations for the following.1. Mr X started business with cash Rs. 50,000.2. Deposited Cash Rs 10,000 into bank3. Additional capital brought by Mr of X Rs 10,0004 Goods purchased for cash of Rs 10,000.5 Goods sold for cash of

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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What the answer for 2 because it’s not 2,200 or 2,800
B4.
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