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Following information are provided: a) Goods sold for Rs. 10,000 on cash & Rs. 15,000 on credit with profit of Rs. 5,000 b) Paid Rs. 28,000 for wages…

BBS Financial Accounting and Analysis · 2079 · Solved Question with Answer

Following information are provided:

a) Goods sold for Rs. 10,000 on cash & Rs. 15,000 on credit with profit of Rs. 5,000

b) Paid Rs. 28,000 for wages including advance wages of Rs. 4,000

 Required: Accounting equation

Solution

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