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This question is related to accounting equation. (1.)commented business with cash1,50,000. ( 2).purchase machinery on credit40,000. ( 3.)purchase goods for cash80,000.(4).purchase car for personal use 20,000.(5)paid to creditors in full setelment38,000.(6)sold good for costingRs50,000)in 45,000.(7)paid rent.1,000.(8)commission received in advance.2,000? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about This question is related to accounting equation. (1.)commented business with cash1,50,000. ( 2).purchase machinery on credit40,000. ( 3.)purchase goods for cash80,000.(4).purchase car for personal use 20,000.(5)paid to creditors in full setelment38,000.(6)sold good for costingRs50,000)in 45,000.(7)paid rent.1,000.(8)commission received in advance.2,000? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This question is related to accounting equation. (1.)commented business with cash1,50,000. ( 2).purchase machinery on credit40,000. ( 3.)purchase goods for cash80,000.(4).purchase car for personal use 20,000.(5)paid to creditors in full setelment38,000.(6)sold good for costingRs50,000)in 45,000.(7)paid rent.1,000.(8)commission received in advance.2,000?.

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