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Show the accounting equation on the basis of the following transactions & also show the Balance Sheet. 1. Started the business with Cash 80,000; Goods

Show the accounting equation on the basis of the following transactions & also show the Balance Sheet. 1. Started the business with Cash 80,000; Goods 30,000; Furniture 40,000. 2. Purchased goods on credit from Nidi, 15,000 and on cash from Meera 10,000. 3. Bought a refrigerator for personal use 5,000. 4. Goods costing 6,000 sold at the loss of 10% out of which 2,000 received in cash. 5. Received cash from debtor 3,200 in full settlement . 6. Sold goods for cash 5,000. 7. Introduced fresh capital 1,00,000. 8. Rent outstanding 5,000. 9. Accrued interest 10,000. 10. Goods destroyed by fire (cost 500, sale price 600). 11. Bought furniture from M/s Mohan Furnitures on credit for 3,000

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