Please show the accounting equation (in updated format) for the following:
Sonia started the business with cash of 25,000
Cash deposited into bank 15,000
Purchased goods worth 4,000 and paid Cheque.
Sold goods for cash 1,200 (CP was 1,000)
Sonia withdrew 3,000 for personal use.
Paid salary 2,500 and office rent 1,200.
Paid telephone bill 2,000 by cheque.
Purchased goods worth 3,000 on credit.
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