How to form an accounting equation?
Started business with cash ₹ 10000
Purchased goods on credit ₹ 5000
Withdraw cash for personal use ₹1000
Cash paid to creditors ₹3000
Further capital introduced ₹3000
Cash paid to creditors ₹1000
Goods Costing ₹2500 was sold for ₹3000
Goods Costing ₹4000 was sold on credit for ₹5000.
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