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Analyze the effect of each transaction on assets and liabilities and show that the both...

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Accounting

Analyze the effect of each transaction on assets and liabilities and show that the both sides of Accounting Equation (A = L + C) remain equal: Introduced $ 8,00,000 as cash and $ 50,000 by Stock Purchased plant for $ 3,00,000 by paying $ 15,000 in cash and balance at a later Deposited $ 6,00,000 into the bank Purchased office furniture for $ 1,00,000 and made payment by cheque Purchased goods worth $ 80,000 for cash and for $ 35,000 in credit Goods amounting to $ 45,000 was sold for $ 60,000 on cash Goods costing to $ 80,000 was sold for $ 1,25,000 on credit Cheque issued to the supplier of goods worth $ 35,000. Cheque received from customer amounting to $ 75,000. Withdrawn by owner for personal use $ 25,000. Make it excel entries

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