24. From the following transactions, prepare an Accounting equation: [10 mks]
al Started business with capital Rs.2,00,000
b Purchased goods on Credit Rs.40,000
el Goods sold to Rajesh, Costing Rs.8,000, for Rs.10,000
d Rent received Rs.5,000
el Salary outstanding Rs.2,000.
Amount withdrawn for personal use Rs.30,000
gl Interest on Capital provided Rs.3,000
h] Purchased a Machinery by Loan Rs.50,000
i| Deposited into Bank Rs.10,000
G Depreciated Machinery @ 10 %
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