Question: with the final amount Prove that the accounting equation is satisfied in all the following transactions: 1. Commenced business with $30,000 2. Goods purchased for

with the final amount
with the final amount Prove that the accounting equation is satisfied in

Prove that the accounting equation is satisfied in all the following transactions: 1. Commenced business with $30,000 2. Goods purchased for cash $10,000 3. Bought furniture $8,000 4. Purchased goods on credit $5,000 5. Cash paid to creditors $4,200 6. Paid interest $5,300 7. Received commission $6,300 8. Withdrew for personal purposes $3,500 9. Sold furniture $1,000 10. Sold goods for $4,200 Transactions

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