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1. Discuss and analyze the following transactions for X Ltd, using the concept ofaccounting equation (Assets, Liabilities and Equities). 1. Purchased Furniture for Rs6750002. Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account3. Goods purchased on credit from Aman Enterprises for Rs105000 4. Goods sold on credit for Rs 400000. The cost of the goods sold was Rs 3000005. Purchased goods from Sneha Enterprises for Rs 600000 and made the payment from the business's bank account |
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