Tutorial Anil made the following transactions in relation to his business. Use the accounting equation to show their effect on his assets, liabilities and capital:

1.Started business with cash Rs 50000

2.Purchased a Machine on credit Rs. 4000 from M/S Mohan Machines

3.Purchased goods for cash Rs. 10000

4.Purchased furniture for Rs. 12000

5.Withdrew for personal use Rs. 700

6.Borrowed from Bank Rs.10000

7.Paid rent in advance Rs. 1500

8.Received interest Rs. 1000

9.Sold goods costing Rs 5000 for Rs 7000 for cash

10.Sold goods to Shyam costing Rs 4000 for Rs. 6000

11.Purchased household goods for Rs.9000 giving Rs3000 in cash and balance through a loan

12.Goods destroyed by fire (Cost Rs 500, Sale price Rs 700)

13.Paid half the amount owed to Mohan Machines

14.Paid salaries Rs. 18000 and outstanding salary Rs. 2000

15.Received Rs. 5800 from Shyam in full settlement

16.Paid Rs 1900 to Mohan machines in full settlement

17.Further capital invested Rs. 40000

18.Charged depreciation of Rs. 400 on machine and Rs. 2000 on furniture 19.Paid insurance premium Rs. 2000 20.Received advance payment from customer Mr. Ram Rs. 5000