Accounting Equation 
prepare accounting equation form the following :
  1. kunal started business with cash Rs. 2,50,000
  2. He purchased furniture for cash Rs. 35,000
  3. He paid commission Rs. 2,000
  4. He purchased goods on credit Rs. 40,000
  5. He sold goods (costing Rs. 20,000) for cash Rs. 26,000
Solution :-