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Illustration 3. Prove that the accounting equation is satisfied in all the following transactions of Tisya : 1. Started business with cash \( ₹ 70,000 \) and goods worth \( ₹ 15,000 \). 2. Bought goods for cash \( ₹ 7,000 \) and on credit for \( ₹ 13,000 \). 3. Goods costing \( ₹ 19,000 \) sold at a profit of \( 10 \% \). Half the payment received in cash. 4. Purchased furniture for office use \( ₹ 3,000 \) and for household use of \( ₹ 1,000 \).image

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