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

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