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27-10-2022
Business

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3. Prove that Accounting Equation is satisfied in all the transactions of Sudhir: 1st May Started business with cash 50,000 and goods 20,000 4th May Bought goods for cash 15,000 and on credit 10,000. 7th May Goods costing 24,000 sold at a profit of 10% to Mayank. Half the amount received in cash.

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