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2. Prepare accounting equation for the following transactions: (i) Introduced 8,00,000 as cash and 50,000 by stock. (ii) Purchased plant for 3,00,000 by paying 15,000

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2. Prepare accounting equation for the following transactions: (i) Introduced 8,00,000 as cash and 50,000 by stock. (ii) Purchased plant for 3,00,000 by paying 15,000 in cash and balance at a later date. (iii) Deposited 6,00,000 into the bank. (iv) Purchased office furniture for 1,00,000 \& paid by cheque. (v) Purchased goods worth 80,000 for cash and for 35,000 in credit. (vi) Goods amounting to 45,000 was sold for 60,000 on cash basis. (vii) Goods costing 80,000 were sold for 1,25,000 on credit. (viii) Cheque issued to the supplier of goods worth 35,000. (ix) Cheque received from customer amounting to 75,000. (x) Withdrawn by owner for personal use 25,000

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