AID22071: Analyse the following transactions for Surprise Ltd. using the concept of Accounting Equation comprising of Assets, Liabilities and Equity.

$3.75

Category:

AID22071: Analyse the following transactions for Surprise Ltd. using the concept of Accounting Equation comprising of Assets, Liabilities and Equity.
1. Commenced business with cash of ₹5,00,000.
2. Purchased equipment for cash ₹2,00,000.
3. Purchased furniture worth ₹50,000 on credit from IndiMart.
4. Purchased raw materials for ₹ 25,000 against cash from XYZ Suppliers.
5. Deposited cash of ₹1,25,000 in the current account.
6. Sold goods for ₹75,000 and received a cheque against the same.

Answer: You can download this answer instantly after secured payment.

OR buy complete Financial Accounting and Analysis NMIMS Solution June 2023

Yes, You can buy complete Financial Accounting and Analysis NMIMS Answer for June 2023 from DistPub.com.

Also available Financial Accounting and Analysis MCQ and Quiz for NMIMS and almost all subjects, so that you can study and give exam quiz.

Single Question and Answer

PlaceholderAID22071: Analyse the following transactions for Surprise Ltd. using the concept of Accounting Equation comprising of Assets, Liabilities and Equity.
$3.75