Your are given the following transactions:
a Started a new business with cash of Rs.60,000 and stock of Rs.50,000.
b Borrowed loan from bank Rs.20,000.
c Purchased goods worth Rs.50,000 and paid Rs.30,000 on cash and the rest on credit
d Deposited cash into bank Rs. 30,000.
e Sold goods for Rs. 40,000 (cost price Rs.38,000).
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