I need support with this Accounting question so I can learn better.
Show that the accounting equation is satisfied after taking into consideration each of the following transactions in the books of Mr. N
- Started business with capital 1,00,000
- Bought furniture 25,000
- Bought goods for cash 20,000
- Bought goods from Ram on Credit 5,000
- Sold goods for cash for 15,000
- Sold goods to Shyam on credit 8,000
- Paid cash to Ram 4,000
- Received cash from Shyam 5,000
- Paid Cash into Bank 25,000
- Withdrawn from bank 10,000
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