Prove that the accounting equation is satisfied all thefollowing transaction of Sudhir : - 1. St...

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.

Prove that Accounting Equation is satisfied in all following transactions of Sameer Goel : (i) Started business with Cash Rs. 1,00,000. (ii) Paid rent in advance Rs.3,000. (iii) Purchased goods for cash Rs.50,000 and Credit Rs. 20,000. (iv) Sold goods for Cash Rs. 80,000 costing Rs. 40,000. (v) Paid salary in cash in cash Rs. 4,500 and salary outstanding Rs. 1,000. (vi) Bought motor cycle for personal use Rs. 30,000.