Show Accounting Equation for the following transactions.
1. Ram commenced business with cash Rs.3,00,000, goods Rs.60,000, machinery Rs.1,00,000 and furniture Rs.50,000.
2. Goods purchased for cash Rs.50,000 and on credit from Mohan Rs.50,000.
3. One fourth of the total goods were sold to Shyam at 10% profit. Half of the
payment was received in cash.
4. Depreciation charged on machinery @10%.
5. Cash withdrawn for personal use Rs.10,000 and goods taken for personal use
Rs.20,000.
6. Interest on drawing charged @10%.
7. Commission received Rs.10,000. Out of which 5000 was received in advance.
8. Salaries paid Rs.2000 and Salaries outstanding Rs.1000.
9. Received Rent from tenant Rs.6000 and security deposit Rs.10,000.
10. Interest due but not received Rs.500.

11. Bought refrigerator for personal use Rs.15000. 12. Received Rs.19000 from shyam in full settlement.
13. Sold office furniture costing Rs.10,000 to Reema at Rs.9000 and she accepted a B/E for three months.
14. Goods taken for personal use Rs.12000 (costing Rs.10000).
15. Purchase a holiday home for office use Rs.20,000 half of which is paid in cash and for rest a loan is taken from SBI.
16. Loss of cash by theft Rs.500.
17. Payment made to creditors in full settlement Rs.49500.
18. Sold goods : For cash (profit 20% on selling price) Rs.4000
For credit to seema (Profit 25% on cost) Rs.1500.

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