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04-05-2024
Business

Answered

12. Following transaction are given: [5] a. Started business with Rs. 100000 cash and goods Rs. 100000 b. Goods worth Rs. 3000 were lost by theft. The insurance company admitted the claim in full. c. Salary paid Rs. 50000 d. Interest received Rs. 5000 e. Purchase goosd on cash 10000 and on credit 5000.
Required: Accounting Equation

Answer :

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