Show the effect on asssetsliabilities and capital with the help of accounting equation
1 Started business with cash Rs 1,00,000
2. Purchased goods for cash Rs50,000 and credit Rs 20,000
Sold goods for cash Rs 80,000 costing Rs 40.000
Paid salary Rs 4,500
5 Commission received Rs4,000
6. Bought motor vehicle Rs 30,000
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