prepare accounting equations from the following
started business
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1. John started business with cash $20000
2. he purchased furniture for cash $2000
3. he paid rent $200
3. he purchased goods on credit $3000
4. he sold goods(cost price $2000) for $5000on cash.
2. he purchased furniture for cash $2000
3. he paid rent $200
3. he purchased goods on credit $3000
4. he sold goods(cost price $2000) for $5000on cash.
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