Transactions of M/s Vipin Traders are given below :
Show the effects on Assets, Liabilities and Capital with the help of accounting equation.
`{:(,,," "Rs.),((a),"Business started with cash",,"1,25,000"),((b),"Purchased goods for cash",,"50,000"),((c),"Purchased furniture from R.K. Furniture on Credit",,"10,000"),((d),"Sold goods to Parul Traders (Costing Rs. 7,000 vide bill no. 5,674)",,"9,000"),((e),"Paid cartage",,"100"),((f),"Cash Paid to R.K. Furniture in full settlement",,"9,700"),((g),"Cash sales (costing Rs. 10,000)",,"12,000"),((h),"Rent received",,"4,000"),((i),"Cash withdrew for personal use",,"3,000"):}`

Show the effect of the following transactions on Assets, Liabilities and Capital through accounting equation : {:(,,," "Rs.),((a),"Started business with cash",,"1,20,000"),((b),"Rent received",,"10,000"),((c),"Invested in shares",,"50,000"),((d),"Received diviend",,"5,000"),((e),"Purchased goods on credit from Ragani",,"35,000"),((f),"Paid cash for household expenses",,"7,000"),((g),"sold goods for cash (costing Rs.10,000)",,"14,000"),((h),"Cahs paid to Ragani",,"35,000"),((i),"Deposited into bank",,"20,000"):}

Show the effect of following transactions on the accounting equation : {:((1),"Manoj started business with",," "Rs.),(,"(i) Cash",,"2,30,000"),(,"(ii) Goods",,"1,00,000"),(,"(iii) Building",,"2,00,000"),((2),"He purchased goods for cash",,"50,000"),((3),"He sold goods for cash (costing Rs.20,000)",,"35,000"),((4),"He purchased goods from Rahul",,"55,000"),((5),"He sold goods to Varun (costing Rs.52,000)",,"60,000"),((6),"He sold goods",,"53,000"),((7),"Salary paid by him",,"20,000"),((8),"Received cash from Varun in full settlement",,"59,000"),((9),"Rent outstanding",,"3,000"),((10),"Commission received by him",,"13,000"),((11),"Amount withdrawn by him for personal use",,"20,000"),((12),"Depreciation charged on building",,"10,000"):}

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%.