Q1.From the following transactions, prepare an accounting equation:i.i

1.	Q1.From the following transactions, prepare an accounting equation:i.ii.iii.iv.Mr. Ram started business with cash 20,000.He took a loan 1,00,000.He purchased goods for 15,000.He sold 50% of goods at a profit of 20%.He sold 10% of the remaining goods at a profit of 10%.
Answer» ANSWER: i THINK it is usefull to US

Q1.From the following transactions, prepare an accounting equation:i.ii.iii.iv.Mr. Ram started business with cash 20,000.He took a loan 1,00,000.He purchased goods for 15,000.He sold 50% of goods at a profit of 20%.He sold 10% of the remaining goods at a profit of 10%.

Answer»

ANSWER:

i THINK it is usefull to US

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Q1.From the following transactions, prepare an accounting equation:i.ii.iii.iv.Mr. Ram started business with cash 20,000.He took a loan 1,00,000.He purchased goods for 15,000.He sold 50% of goods at a profit of 20%.He sold 10% of the remaining goods at a profit of 10%.​

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Q1.From the following transactions, prepare an accounting equation:i.ii.iii.iv.Mr. Ram started business with cash 20,000.He took a loan 1,00,000.He purchased goods for 15,000.He sold 50% of goods at a profit of 20%.He sold 10% of the remaining goods at a profit of 10%.