Show the accounting equation on the basis of the following transactions: (1) Ram started business with cash ` 1,00,000 and Stock ` 50,000. (2) Goods destroyed by fire costing ` 2,000 (selling price ` 5,000). (3) Goods given as charity ` 3,000. (4) Goods costing ` 1,000 distributed as free samples. (5) Ram withdrew goods costing ` 1,000 for his personal use. (6) He used goods costing ` 2,000 for making Furniture. (7) Paid ` 5,000 as rent including ` 2,000 in advance.
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