A trader recorded below transactions:
a) Started business with cash Rs. 30000
b) Purchased securities (in cash) in Rs. 9000
c) Purchased shop for Rs. 30000 (10000 in cash, remaining from loan)
d) Sold securities for Rs. 1300 (purchased cost = Rs. 900)
e) Purchased a vehicle (cash) for Rs. 2500
f) Salary received (in cash) Rs. 5000
g) Paid Rs.800 for loan and Rs. 400 for interest
h) Expenses (in cash) paid Rs. 400
i) Received dividends (in cash) for dividends Rs. 300
Prepare a table using accounting equation

	ASSETS				EQUITIES
	Cash	Securities	Shop	Vehicle	Loan	O.E.
A	30000					30000
B	(9000)	9000
C	(10000)		30000		20000
D	1300	(900)				400
E	(2500)			2500
F	5000					5000
G	(1200)				(800)	(400)
H	(400)					(400)
I	300					300
	13500	8100	30000	2500	19200	34900
	54100				54100

Mandalika

Updated on: 25-Sep-2020

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