Q.1 On behalf of your assumption amount make Accounting equation and pass journal entry of all below given transaction in the books of Alnaeem and also make balance sheet on the basis of the last equation. A. Alnaeem start business with investment of cash assume amount yourself and B. Alnaeem purchase furniture with cash assume amount yourself and put in C. Alnaeem purchase Goods with cash assume amount yourself and put in D. Alnaeem purchase Equipment on Account assume amount yourself and put in E. Alnaeem receive consulting fees Cash assume amount yourself and put in put in equation and pass journal entry equation and pass journal entry. equation and pass journal entry. equation and pass journal entry equation and pass journal entry Assets LabilitieEquity S.No. Transaction + goods Furniture Equipment Revenue Bal. Bal. Bal. 4 Bal. Bal