Ahmed shoaib started buisness on 1at jan.2010 and his transaction are as follows
2010
jan 1 started buisness for cash rs 500,000
3 purchased building for cash rs 300,000
6 purchased goods for ali rs 50,000
10 sold goods to amjid rs 10,000
13 sold goods for cash rs 5000
15 cash paid to creditor rs 20,000
31 cash received from debtors rs 7500
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replied 4 years ago
SHOW THE EFFECTS OF THE ABOVE TRANSACTION ON ACCOUNTING EQUATION .