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Show the accounting equation on the basis of the following transactions. SR. i. Rahim started business with cash25,000 ii. Purchased goods from Shoeb on credit20,000

Show the accounting equation on the basis of the following transactions.

SR.

i. Rahim started business with cash25,000

ii. Purchased goods from Shoeb on credit20,000

iii. Sold goods to Amla costing SR.18, 00025,000

iv. Rahim withdrew from business5,000

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