23. Prepare accounting equation from the following:
(a) Started business with cash ₹50,000 and goods ₹30,000.
(b) Purchased goods for cash ₹30,000 and on credit from Karan ₹20,000.
(c) Goods costing ₹40,000 were sold for ₹55,000 for cash.
(d) Withdrew cash for personal use ₹10,000.
(e) Rent outstanding ₹2,000.
D.K.Goel/2024 Edition/Practical Questions/Q-23
For full question, please refer to the text book Accountancy Class-XI by Mr. D.K.Goel published by Avichal Publishing Company