Question Description
Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200?.

Solutions for Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? defined & explained in the simplest way possible. Besides giving the explanation of Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200?, a detailed solution for Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? has been provided alongside types of Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? theory, EduRev gives you an ample number of questions to practice Present the following transaction in accounting equation :1)ram started business with cash rs. 25000 and cheque of rs. 25000 to open a bank account. 2)purchased goods on credit rs. 4000. 3)purchased goods for cash rs. 1000 4)purchased furniture for cash rs. 500 5)withdraw cash for personal use from bank rs. 700. 6)rent paid rs. 200 7)received interest from bank rs. 100 8)sold goods on credit (cost rs. 500) rs.700. 9)paid to creditors rs. 400. 10)paid petty expenses rs. 200? tests, examples and also practice UPSC tests.