1. (a) Can a business enter into a transaction in which only the left side of the basic accounting equation is affected? If so, give an example. (b) Green Automobile Agency" was opened at May1, 2020. The following transactions occurred in the month of May- May 1: Mr. G invested Tk. 400,000 cash in the business. May 4: Borrowed Tk. 55,000 in cash from a bank by signing a notes payable. May 5: Paid employee salary for the month in cash Tk. 4,000. May 8: Received utility for the month Tk.6,000 but payment will be made on next month. May 12: Purchased office equipment for Tk. 40,000; Paid Tk. 15,000 in cash and the remaining amount will be paid in a later date. May 14: Received Tk. 85,000 cash from the customers by providing services. May 21: Withdrew Tk. 5,000 cash from the business for personal use. Required: Show the effects of the above transactions on the accounting for the month of May, 2020. Tequation