8. Prepare the Accounting Equation on the basis of the following:

(a) Started business with cash ₹1,40,000 and Stock ₹2,50,000.

(b) Sold goods (costing ₹50,000) at a profit of 25% on cost.

(c) Deposited into bank account ₹1,80,000. 

(d) Purchased goods from Mohan ₹80,000.

D.K.Goel/2024 Edition/Practical Questions/Q-08

For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company

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