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-   -   accounting equation (https://www.askmehelpdesk.com/showthread.php?t=692957)

  • Aug 11, 2012, 11:20 PM
    Ankit007807
    accounting equation
    if we sold10000/- goods on 10% td then what will be written on assets side and what will be return on libilites side in accounting equation
  • Aug 12, 2012, 05:43 AM
    paraclete
    Can't say what the effect is on liabilities because you haven't specified two things
    Were the goods sold on credit
    Does the business operate with bank overdraft

    Suggest you invest in a mind reading course

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