: Show the effect of the following transactions upon the accounting equation; 1. Habib Commence business with cash Rs. 200,000 and Land Rs. 50,000.
2. Bought merchandising for cash Rs. 80,000.
3. Cash sales of worth Rs. 25,000.
4. Bought goods on credit from Salman of worth Rs. 50,000.
5. Sales on account to Ali Raza Rs. 12,000.
6. Purchase furniture of the value of Rs. 5,000 in cash.
7. Received cash form Ali Raza of Rs. 10,000.
8. Return defective furniture of worth Rs. 1,500.
9. Paid wages Rs. 1,000, Rent 2,000 and Electricity Bill Payable Rs. 1,500.

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.

Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.