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Complete the accounting equation

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Reference no: EM132919816

Question - Based on the transactions below, complete the accounting equation:

A. Wudda Amnani started a business with RM50,000.

B. Received cash from customers RM30,000.

C. Wudda Amnani withdraws RM20,000 to buy a car for his wife.

D. Pay utility bills RM500 by cash.

E. Purchase equipment RM5,000 by credit.

F. Purchase materials worth RM10,000 by credit.

G. Purchase merchandise RM10,000 from Syarikat Along Sdn. Bhd. 40% paid by cash and another 60% by credit.

Reference no: EM132919816

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