6.1 Fergus’s business incurs the following transactions in the year to 31 December 2012:

n Fergus introduces additional capital of £10 000 in cash.

n Purchase on credit of goods for resale for £8000.

n Payment received from customer for £1800.

n Purchase of a new machine for use in the business on 1 January 2012. The machine costs £12 000 and will be depreciated over 10 years on the straight-line basis, assuming no residual value.
n Sales returns of £1000 in exchange for a cash refund.
n Drawings of £1300.
For each transaction show the impact on cash, other assets and liabilities, and the impact on profits.