Accounting Equation Problem 6

You are given the following transactions.

1. Roshan started a business with Rs. 35,000.
2. Goods purchased for Rs. 15,000.
3. Paid Rs. 1,500 for rent including advance of Rs. 500.

Required: Accounting Equation.

S.No.	Transactions	Assets	=	Capital	+	Liabilities
1	Business started	+35,000		+35,000		0
	Beginning Equation	35,000	=	35,000	+	0
2	Goods purchased on cash	+15,000 -15,000		0		0
	New Equation	35,000	=	35,000	+	0
3	Paid rent including advance	+500 -1,500		-1,000		0
	Final Equation	34,000	=	34,000	+	0

Note: If anybody have confusion in above given solution then comment me below.