1.

Prepare accounting equation of following1 Sohan started business with cash Rs.1,00,0002 Sohan purchased goods in credit Rs.5,000​

Answer»

Answer:

transaction. LF. assets = capital + liability

CASH+ GOODS = creditors

started business. 1,00,000. =. 1,00,000 +0

with cash

purchased goods. 0 + 5,000 = 5,000 + 0

eq = 1,00,000 + 5,000 = 1,05,000 + 0



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