26. Show the accounting equation on the basis of the following transactions and also show the Balance Sheet:

(i) Started business with Cash ₹60,000. and Goods ₹30,000.

(ii) Purchased goods for Cash ₹40,000 and on Credit ₹25,000.

(iii) Goods costing ₹48,000 sold at a profit of 33⅓%. Three-fourth payment received in Cash

(iv) Goods costing ₹20,000 sold at a loss of 5%, out of which, ₹12,000 received in Cash. 

(v) Paid Rent ₹4,000 and Salary ₹6,000.

(vi) Received Cash from Debtors ₹15,000.

(vii) Paid telephone bill amounting to ₹800.