Accounting Equation
prepare accounting equation form given transaction:
1. Amar started business with cash Rs. 80,000
Building Rs. 10,000
Stock Rs. 10,000
2. Interest on above capital was allowed @ 10%
3. Withdrew from business for personal use cash Rs. 10,000 and goods Rs. 5,000
4. Interest on drawing charged Rs. 1,500
5. Depraciation on building charged Rs. 2,000
Solution :-
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