Show the effect of following transactions on the accounting equation: (i) Sajid started business with cash ₹60 000 stock ₹30 000 and furniture ₹20 000. (ii) Goods costing ₹16 000 sold for ₹15 000 on credit. (iii) Purchased goods on credit ₹24 000. (iv) Depreciate furniture by ₹3 000. (v) Badedbs written of ₹4 000. (vi) Cash received ₹7 800 from customer and discount allowed to him ₹200. (viii) Bad debs received ₹1 500. (viii) Cash paid ₹16 600 to creditors and discount received ₹400.
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