Prepare Accounting equation from the following:
(a)Rahul started business with cash Rs. 85,000; furniture Rs. 15,000.
(b)Purchased goods of Rs. 55,000 from Lakhan.
(c) Sold goods costing Rs. 27,500 for Rs. 30,000 for cash
(d) Paid Bank Charges Rs. 1,500.
(e) Depreciate on Furniture for Rs. 2,000.
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(vi), Goods costing Rs 40,000 sold at a profit of 20% for cash, +48,000, -40,000, +8,000. 1,22,300, +, 5,000, +, 16,000
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