[" Q5)Prepare Accounting Equation from the following: "],[" 1.Started business with cash Rs "50,000" ."],[" 2.Credit purchase of goods Rs "15,000" ."],[" 3.Payment made to creditors in full settlement Rs "13,500" ."]

Prepare Accounting Equation on the basis of the following transactions : (a) Started business with cash Rs. 70,000. (b) Credit purchase of good Rs. 18,000. (c ) Payment made to creditors in full settlement Rs. 17,500. (d) Purchase of machinery for cash Rs. 20,000.

Prepare 'Accounting Equation' from the following : (a) Started business with cash Rs.1,00,000. (b) Purchased goods for cash Rs.20,000 and on credit Rs.30,000. (c ) Sold goods for cash costing Rs. 10,000 and on credit costing Rs. 15,000 both at a prodit of 20%.

Prepare Accounting Equation from the following : - 1. Started business with cash Rs. 75,000 and goods Rs. 25,000. 2. Paid for Rent Rs. 2,000. 3. Bought goods for cash Rs. 30,000 and on credit for Rs. 44,000. 4. Goods costing Rs. 50,000 sold at a profit of 25% out of which Rs. 27,500 received in Cash. 5. Purchased a Motor - cycle for personal use Rs. 20,000.

Prepare accounting equation from the following : (a) Started business with cash Rs. 50,000 and goods Rs.30,000. (b) Purchased goods for cash Rs. 30,000 and on credit from Karan Rs. 20,000. (c ) Goods costing Rs.40,000 were sold for Rs. 55,000 for cash. (d) Withdrew cash for personal use Rs. 10,000. (e) Rent outstanding Rs.2,000.

Prepare Accounting Equation from the following : (a) Started business with Cash Rs. 2,00,000. (b) Purchased goods for Cash Rs. 60,000 and on Credit Rs. 1,50,000. (c ) Sold goods for Cash costing Rs. 40,000 at a profit of 20% and on Credit costing Rs. 72,000 at a profit of 25%. (d) Paid for Rent Rs. 5,000.