Answer to Question #178863 in Other for AMIT VIKAS MALKAR

Question

1. Discuss and analyze the following transactions for X Ltd, using the concept of accounting equation (Assets, Liabilities and Equities). 1. Purchased Furniture for Rs675000. 2. Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account. 3. Goods purchased on credit from Aman Enterprises for Rs105000 . 4. Goods sold on credit for Rs 400000. The cost of the goods sold was Rs 300000. 5. Purchased goods from Sneha Enterprises for Rs 600000 and made the payment from the business's bank account

Answer 1

Dear AMIT VIKAS MALKAR, your question requires a lot of work, which neither of our experts is ready to perform for free. We advise you to convert it to a fully qualified order and we will try to help you. Please click the link below to proceed: Submit order