22. Prepare Accounting Equation on the basis of the following transactions:
(a) Started business with cash ₹70,000.
(b) Credit purchase of goods ₹18,000.
(c) Payment made to creditors in full settlement ₹17,500.
(d) Purchase of machinery for cash ₹20,000.
D.K.Goel/2024 Edition/Practical Questions/Q-22
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company