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12. Prepare Accounting Equation on the basis of the following: (i) Started business with cash Rs.80,000. (ii) Opened a Bank Account with a deposit of Rs.10,000. (iii) Purchased goods for Cash Rs. 20,000 and on credit Rs.15,000. (iv) Sold goods (cost price Rs.8,000) for Rs.9,000 on cash basis.

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