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Show the affects of transition on liabilities and capital with the help of accounting equation(assets=liabilities capital) 1/business started with cash rupees 250000 2/purchased goods for cash rupees 6000 3/sold goods on credit (cost price=30000) for 40000 4/received comission rupees 500 5/withdrawal cash for private use rupees 600 6/paid for cartage rupees 1000.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Show the affects of transition on liabilities and capital with the help of accounting equation(assets=liabilities capital) 1/business started with cash rupees 250000 2/purchased goods for cash rupees 6000 3/sold goods on credit (cost price=30000) for 40000 4/received comission rupees 500 5/withdrawal cash for private use rupees 600 6/paid for cartage rupees 1000.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Show the affects of transition on liabilities and capital with the help of accounting equation(assets=liabilities capital) 1/business started with cash rupees 250000 2/purchased goods for cash rupees 6000 3/sold goods on credit (cost price=30000) for 40000 4/received comission rupees 500 5/withdrawal cash for private use rupees 600 6/paid for cartage rupees 1000.?.

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