Prepare Accounting Equation from the following : -
1. Started business with cash Rs. 75,000 and goods Rs. 25,000.
2. Paid for Rent Rs. 2,000.
3. Bought goods for cash Rs. 30,000 and on credit for Rs. 44,000.
4. Goods costing Rs. 50,000 sold at a profit of 25% out of which Rs. 27,500 received in Cash.
5. Purchased a Motor - cycle for personal use Rs. 20,000.

Prepare 'Accounting Equation' from the following : (a) Started business with cash Rs.1,00,000. (b) Purchased goods for cash Rs.20,000 and on credit Rs.30,000. (c ) Sold goods for cash costing Rs. 10,000 and on credit costing Rs. 15,000 both at a prodit of 20%.

Prove that the accounting equation is satisfied all the following transaction of Sudhir : - 1. Started business with Cash Rs. 50,000 and goods Rs.20,000. 2. Bought goods for Cash Rs.15,000 and on credit for Rs.10,000. 3. Goods Costing Rs.24,000 sold at a profit of 33 1/3% . Half the payment received in cash. 4. Purchased furniture for office use Rs.6,000 and for household use of Sudhir Rs. 4,000.

Prepare Accounting Equation from the following : (a) Started business with Cash Rs. 2,00,000. (b) Purchased goods for Cash Rs. 60,000 and on Credit Rs. 1,50,000. (c ) Sold goods for Cash costing Rs. 40,000 at a profit of 20% and on Credit costing Rs. 72,000 at a profit of 25%. (d) Paid for Rent Rs. 5,000.

Prepare Accounting Equation from the following and also prepare a Balance Sheet : - 1. Raghu started business with Cash Rs. 1,50,000. 2. Bought goods for cash Rs. 80,000 and on credit for Rs. 40,000. 3. Goods costing Rs. 75,000 sold at a profit of 33 1/3 % . Half the payment received in cash. 4. Goods costing Rs. 10,000 sold for Rs. 12,000 on credit. 5. Paid for Rent Rs. 2,000 and for salaries Rs. 4,000. 6. Goods costing Rs. 20,000 sold for Rs. 18,500 for Cash.

Prepare accounting equation from the following : (a) Started business with cash Rs. 50,000 and goods Rs.30,000. (b) Purchased goods for cash Rs. 30,000 and on credit from Karan Rs. 20,000. (c ) Goods costing Rs.40,000 were sold for Rs. 55,000 for cash. (d) Withdrew cash for personal use Rs. 10,000. (e) Rent outstanding Rs.2,000.

Prepare accounting equation from the following : (i) Started a business with cash Rs.1,00,000 and goods worth Rs.20,000. (ii) Sold 50% of above goods at a profit of Rs. 2,000 on credit to Ram. (iii) Rent paid Rs.5,000. (iv) Ram paid 50% of his balance in cash.

Show the accounting equation on the basis of the following transactions and also show the Balance Sheet : (i) Started business with Cash Rs.60,000 and Goods Rs.30,000. (ii)Purchased goods for Cash Rs.40,000 and on Credit Rs. 25,000. (iii) Goods costing Rs. 48,000 sold at a profit of 33 1/3% . Three -fourth payment received in Cash (iv) Goods costing Rs. 20,000 sold at a loss of 5% , out of which Rs. 12,000 received in Cash. (v) Paid Rent Rs. 4,000 and Salary Rs. 6,000. (vi) Received Cash from Debtors Rs.15,000. (vii) Paid telephone bill amounting to Rs.800.