2. On 15 July 2011, Asyraf started a business. Transactions made during July are as follows: 1. Opened a business bank account and deposited RM28,000 ii. Bought supplies on credit RM1,950 ili. Received cash for services performed RM5,500 iv. Paid office rent for July RM450 V. Paid creditors, RM975 vi. Billed client for services performed RM2,250 vii. Paid vehicle expenses for July RM980 vili. Paid clerk's July salary RM1,500 ix. Paid police summons on behalf of spouse RM50 Invested additional RM3,000 into the business X. Determine the effect of each transaction above on the accounting equation. Example for Question 1.b.(i) is given below. Cash Supplies Accounts Receivable Accounts Payable Owner's Equity +28,000 +28,000 (Capital)