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Q. You, the school captain, have been asked by the Principal to put up a notice regarding the reunion of the ex-students that is to be held in the school campus. You are to urge the present students to join the function in making the celebrations a success. |
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Answer» tion:Q.10 What will be the effect of the FOLLOWING on the Accounting Equation :i. PURCHASED GOODS for ` 80,000 from Amit on Credit.ii. SOLD goods to Kamal costing ` 16,000 for ` 20,000 in CASH.iii. Paid wages ` 1000.iv. Withdrew in cash for personal use ` 3,000.Paid to creditors ` 10,000. |
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