Prepare accounting equation questions on the basis of following information
1)slogan started business with cash80, 000, machinery 10, 000, stock 10, 000,
2)purchased goods for 50, 000
3)paid salary 2, 000
4)sold goods to ratan (cost of goods 29, 000)31, 000
5)interest on the above capital was allowed @10percentage for 1 month
6)money withdrew from the business for his personal use10, 000
7)rent outstanding 500
8)advance commission received 7, 000
9)depreciation charged on machinery 2, 000
10)received from ratan in full settlement 30, 500
11)purchased from an gay 40, 000
12)sold material (costing40, 000) 43, 000
13)paid to an gay on account 20, 000
14)goods burned in fire 5, 000