Prepare accounting equation from the following:     (5 marks)

                                                                                Rs

(a)   Kunal started business with cash                2,50,000

(b)   He purchased furniture for cash                     35,000

(c)   He paid commission                                         2,000

(d)   He purchases goods on credit                       40,000

(e)   He sold goods (costing Rs 20,000) for cash  26,000