1. Prepare Accounting Equation from the following:
| ₹ | ||
|---|---|---|
| 1 | Sandeep started business with Cash | 1,00,000 |
| 2 | Purchased furniture for cash | 5,000 |
| 3 | Purchased goods for cash | 20,000 |
| 4 | Purchased goods on credit | 36,000 |
| 5 | Paid for rent | 700 |
| 6 | Goods costing ₹40,000 sold at a profit of 20% for cash |
D.K.Goel/2024 Edition/Practical Questions/Q-01
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company