Analyze the following transaction through accounting equation...Write it in a paper and then take picture to upload.. Question 1 64 Points 1. Received cash, P 10000 from Sonny Cruz, the proprietor, for the purpose of increasing his investment. 2. Bought on account merchandise, P 13.000 from Marcelo Rubber and Latex Products Inc 3. Sold on account merchandise to Carriedo Shoe store, P 520 4. Issued a check for P 13000 to Marcelo Rubber and Latex Products Inc in payment of merchandize purchased. 5. Sold merchandise, P 9000 to Gandara Show Store for which they gave their 15-day note at 6% 6. Issued a check for P8,000 to Marcelo Rubber and Latex products Inc to apply on account 7. Give on credit memo for P200 to Carriedo Shoe Store covering the value of merchandise returned to us due to wrong size. 8. Bought merchandise P 1500 from Jacinto Rubber Products Inc for which we gave our 2-oday note at 6% 9. Sold merchandise for cash, P 9100 to joe's Trading 10. Bought furniture from Nicfur Inc for use in the office P900. Terms 2/20, n/30 11. Sold merchandise, P12000 to Cebu Shoe Store, Terms: 2/10,n/30 12.Paid by check P400 to De La Rama Steamship Co for freight on merchandise shipped to Cebu Store, FOB destination 13. Returned one chair worth P400 to Nicfur Inc which was badly damaged upon delivery. Received a credit memo from them to cover the value of the chair 14. Sold merchandise P12000 to Alex Shoe Store: Terms 2/10, n/30 15. Bought merchandise P 12000 from Elpo Rubber Products Inc Terms: Our 10-day note at 6% 16.Sold merchandise P2000 to Joe's Trading