Assume that you are working as an accountant, the following information is relating to an insurance business. -on June 1st- Mr Said started business with cash OMR 80,000 June 7th purchased furniture for cash OMR 4,000 June 12th provided insurance service and received cash OMR 3,000 June 17th provided service on account OMR 1,500 June 25th Paid salaries OMR 3,000 and rent OMR 400 June 30th Mr Said withdrawn cash of OMR 600 from the business for his personal use. You are required to show the effect of above transactions on accounting equation and prove the accounting equation at the end. (Marks 3)