Acc. Eqn ....pls answer

Dear Student
Accounting Equation

Particulars	Assets=			Liabilities +Capital
	Cash+	Furniture+	Goods=		+Capital
1. Started business	25000			0	+25000
2. Furniture Purchased	(2000)	+2000
New equation	23000	+2000	=	0	+25000
3. Cash Purchase	(5000)		+5000
New Equation	18000	+2000	+5000=	0	+25000
4. Paid rent	(500)				(500)
New Equation	17500	+2000	+5000=	0	24500
5. Cash Sales	+2000		(2000)
New equation	19500	+2000	+3000=	0+	24500
Total	24500			= 24500

Note: As nothing is mentioned regarding furniture purchased we assume it is purchased on cash.

Regards