Show accounting equation-purchased household nbsp-furniture for Rs nbsp-15000- giving Rs nbsp-5000 in cash and through loan- nbsp-

Anindita. the solution to your query is here. nbsp; S. No. Transaction Assets = Liabilities + Capital Cash = Loan ...

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Byju's Answer

Standard XI

Accountancy

AE for Introduction of Capital

show accounti...

Question

show accounting equation
purchased household furniture for Rs 15000; giving Rs 5000 in cash and through loan.

Open in App

Solution

Anindita. the solution to your query is here.

S. No. Transaction Assets = Liabilities + Capital

Cash = Loan

(i) Purchased household furniture for Rs 15,000 (5,000) 10,000 (15,000)

Suggest Corrections

Similar questions

Show the accounting equation on the basis of the following transactions

1. Mr. Ketan Shah started business with cash Rs 50,000.
2. Purchased goods from Ramesh Rs 30,000.
3. Withdrew goods for personal use Rs 2,000.
4. Purchased household goods for Rs 15,000 giving Rs 5,000 in Cash and balance through loan.
5. Paid Cash Rs 300 for interest.

Show the accounting equation on the basis of the following transactions.

1. Rajkumar started business with cash Rs 30,000.
2. Purchased goods for cash Rs 1,000.
3. Paid salary Rs 400.
4. Paid rent in advance Rs 2,000.
5. Charged depreciation Rs 300 on Furniture and Rs 500 on Machinery.

Q. Show the accounting equation on the basis of the following transactions

1. Mr. Kumar commenced business with cash Rs 50,000.
2. Paid salary Rs 1,200.
3. Purchased furniture Rs 5,000.
4. Purchased goods from Rakesh for cash Rs 7,500.
5. Sold goods to Shyam costing Rs 13,000.
6. Paid Rent Rs 500.

Prepare an accounting equation from the following:

(i) Kunal started business with cash 2,50,000 Rs

(ii) He purchased furniture for cash 35,000 Rs

(iii) He paid commission 2,000 Rs

(iv) He purchased goods on credit 40,000 Rs

(v) He sold goods (costing 20,000) for cash 26,000 Rs

Prepare accounting equation on the basis of the following:

(a) Harsha started business with cash Rs 2,00,000

(b) Purchased goods from Naman for cash Rs 40,000

(d) Bought furniture on credit Rs 7,000

Join BYJU'S Learning Program

S. No.	Transaction	Assets	=	Liabilities	+	Capital
S. No.	Transaction	Cash	=	Loan
(i)	Purchased household furniture for Rs 15,000	(5,000)		10,000		(15,000)

show accounting equation purchased household furniture for Rs 15000; giving Rs 5000 in cash and through loan.

Anindita. the solution to your query is here. S. No. Transaction Assets = Liabilities + Capital Cash = Loan (i) Purchased household furniture for Rs 15,000 (5,000) 10,000 (15,000)

show accounting equation
purchased household furniture for Rs 15000; giving Rs 5000 in cash and through loan.

Anindita. the solution to your query is here.

S. No. Transaction Assets = Liabilities + Capital

Cash = Loan

(i) Purchased household furniture for Rs 15,000 (5,000) 10,000 (15,000)