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Show the effects of the following transactions on -assets,liabilities &capital through accounting equation: A)started business with cash Rs.100000 B)purchased goods for cash Rs.10000 C)purchased furniture for office use Rs.5000 D)sold goods for cash Rs.10000 E)rent received Rs. 3000 F)salary paid Rs. 6000 G)cash received from Manish Rs. 5000 H)paid commission Rs. 2000?
Most Upvoted Answer
Show the effects of the following transactions on -assets,liabilities ...
A. = L. + C. A,100000. = 100000 B,100000. = 100000. C,100000 = 100000 D,100000. = 100000 E,103000 = 103000 F, 97000 = 97000 G,102000 = 102000 H,100000. = 100000
Community Answer
Show the effects of the following transactions on -assets,liabilities ...
A.)Increase in asset and increase in capital.
B)Decrease in cash and increase in stock.
C) decrease in cash and increase in furniture.
D) Increase in cash and decrease in stock.
E)Increase in cash and increase in capital.
F) Decrease in cash and decrease in capital.
G) Increase in cash and decrease in detor.
H) Decrease in cash and decrease in capital.
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Show the effects of the following transactions on -assets,liabilities &capital through accounting equation: A)started business with cash Rs.100000 B)purchased goods for cash Rs.10000 C)purchased furniture for office use Rs.5000 D)sold goods for cash Rs.10000 E)rent received Rs. 3000 F)salary paid Rs. 6000 G)cash received from Manish Rs. 5000 H)paid commission Rs. 2000?
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Show the effects of the following transactions on -assets,liabilities &capital through accounting equation: A)started business with cash Rs.100000 B)purchased goods for cash Rs.10000 C)purchased furniture for office use Rs.5000 D)sold goods for cash Rs.10000 E)rent received Rs. 3000 F)salary paid Rs. 6000 G)cash received from Manish Rs. 5000 H)paid commission Rs. 2000? 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 effects of the following transactions on -assets,liabilities &capital through accounting equation: A)started business with cash Rs.100000 B)purchased goods for cash Rs.10000 C)purchased furniture for office use Rs.5000 D)sold goods for cash Rs.10000 E)rent received Rs. 3000 F)salary paid Rs. 6000 G)cash received from Manish Rs. 5000 H)paid commission Rs. 2000? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Show the effects of the following transactions on -assets,liabilities &capital through accounting equation: A)started business with cash Rs.100000 B)purchased goods for cash Rs.10000 C)purchased furniture for office use Rs.5000 D)sold goods for cash Rs.10000 E)rent received Rs. 3000 F)salary paid Rs. 6000 G)cash received from Manish Rs. 5000 H)paid commission Rs. 2000?.
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