Prepare the Accounting Equation on the basis of the followning: 1. Started business with cash â‚¹70,000 2. Credit pruchases

Prepare the Accounting Equation on the basis of the followning:
1. Started business with cash â‚¹70,000
2. Credit pruchases of good â‚¹18,00.
3. Payment made to creaditors in full settlement â‚¹17,500.
4. Purchase of machinery for cash â‚¹20,000.

Prepare the Accounting Equation on the basis of the followning: 1. Started business with cash â‚¹70,000 2. Credit pruchases of good â‚¹18,00. 3. Payme

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