4. Prepare Accounting Equation from the following:

(a) Kunal started business with cash 2,50,000
(b) He purchased furniture for cash 35,000
(c) He paid commission 2,000
(d) He purchased goods on credit 40,000
(e) He sold goods (Costing ₹20,000) for cash 26,000

(NCERT Q. 2)

D.K.Goel/2024 Edition/Practical Questions/Q-04

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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