1.

What will be effect of the following on the Accounting Equation?(i) Started business with cash ₹ 45,000(ii) Opened a Bank Account with a deposit of ₹ 4,500(iii) Bought goods from M\s. Sun & Co. for ₹ 11,200

Answer» What will be effect of the following on the Accounting Equation?

(i) Started business with cash ₹ 45,000

(ii) Opened a Bank Account with a deposit of ₹ 4,500

(iii) Bought goods from M\s. Sun & Co. for ₹ 11,200


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