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प्रश्न
Complete the accounting equation.
Assets = Capital + Creditors
? = ₹ 1, 60,000 + ₹ 80,000
बेरीज
उत्तर
Assets = Capital + Liabilities
Assets = ₹ 1,60,000 + ₹ 80,000
Assets = ₹ 2,40,000
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Approaches of Recording Transactions
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Books of Prime Entry - Exercises [पृष्ठ ५९]
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संबंधित प्रश्न
The incorrect accounting equation is _____________.
Real account deals with ____________.
Prepaid rent is a ____________.
Write any one transaction which decreases the assets and decreases the liabilities
How are personal accounts classified?
Write a brief note on accounting equation approach of recording transactions.
What is an Account?
What are the three different types of personal accounts?
What will be the effect of the following on the accounting equation?
- Sunil started business with ₹ 1,40,000 cash and goods worth ₹ 60,000
- Purchased furniture worth ₹ 20,000 by cash
- Depreciation on furniture ₹ 800
- Deposited into bank ₹ 40,000
- Paid electricity charges through net banking ₹ 500
- Sold goods to Ravi costing ₹ 10,000 for ₹ 15,000
- Goods returned by Ravi ₹ 7,500 (costing ₹ 5,000)
Create an accounting equation on the basis of the following transactions:
- Rakesh started business with a capital of ₹ 1,50,000
- Deposited money with the bank ₹ 80,000
- Purchased goods from Mahesh and paid through debit card ₹ 25,000
- Sold goods (costing ₹ 10,000) to Mohan for ₹ 14,000 who pays through debit card
- Commission received by cheque and deposited the same in the bank ₹ 2,000
- Paid office rent through ECS ₹ 6,000
- Sold goods to Raman for ₹ 15,000 of which ₹ 5,000 was received at once
