.
You are given the following transactions:
Beginning balance of capital Rs. 40,000 and liabil...
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Business, 18.02.2021 14:00 nmorin603p3rhkg
.
You are given the following transactions:
Beginning balance of capital Rs. 40,000 and liabilities Rs. 10,000,
b Loan taken from Surya Rs. 12.000
Goods lost by fire Rs. 4,000 and compensation received from insurance company Rs. 3,000
d.
Repayment of loan to Surya Rs. 12,500 including interest on loan Rs. 500.
Commission received Rs. 4,000 and still receivable Rs. 6,000,
Required: Accounting equation.โ
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