Prepare Accounting Equation from the following Started business with case ₹ 75,000 and goods ₹ 25,000

Prepare Accounting Equation from the following:-

1. Started business with case ₹ 75,000 and goods ₹ 25,000.

2. Paid for Rent ₹ 2,000.

3. Bought goods for cash ₹ 30,000 and on credit for ₹ 44,000.

4. Goods costing ₹ 50,000 sold at a profit of 25%, out of which ₹ 27,500 received in Cash.

5. Purchased a Motor-Cycle for personal use ₹ 20,000.

[Ans. Assets : Cash ₹ 50,500 + Stock ₹ 49,000 + Debtors ₹ 35,000 = Liabilities : Creditors ₹ 44,000 + Capital ₹ 90,500.]