can you please solve this question assigment

Assignment Exercise 1. Classify the following into assets, liability, capital, revenue, expense. a. Plant and machinery b. Bank loan c. sales d. Rent e. Discount received, , Carriage inwards g.carringe outwards h. Purchases i. Bills payable j. wages k. Advance income 1. Accrued Income m. Good will. n. Furniture O. Outstanding expenses p. Capital Exercise: 2 On which side will the increase in the following accounts will be recorded? Also mention the nature of account: i. Furniture A/c ii. Proprietor iii Salary Alc iv. Purchases Alc v. Sales Alc vi interest paid Nc vii Accounts payable viii Accounts receivable Exercise 3. On which side will the decrease in the following accounts will be recorded? Also mention the nature of the account. i. cash ii. Bank overdraft iii Outstanding salary paid iv. Outstanding Rent v. Prepaid insurance vi. Proprietor of the business. Exercise: 4 Use Accounting Equation to show the effect of the following transactions on assets, liabilities and capital i. Started business with cash 70,000 ii. Goods purchased on account 18,000 iii. Purchased machinery for cash 20,000 iv. Payment made to creditors in full settlement 18,000 RO Excrcise: 5 Prove that Accounting Equation is satisfied in all the following transactions of Misba. Also prepare a balance sheet. 7. Commenced business with cash RO 10,000. 8. Paid rent in advance RO 300. 9. Purchased goods for cash RO 5.000 on account RO2,000. 10. Sold goods for cash RO 8,000 Costing RO 4,000 11. Paid salary RO 450 12. Bought Furniture for personal use RO 3,000 Exercise: 6 Abruar had the following transactions. Prepare an accounting equation. 1. Commenced business with cash RO 50,000. 2. Purchased goods for cash RO 20,000 and on account RO 30,000. 3. Sold goods for cash RO 40,000, Costing RO 30,000. 4. Rent paid RO 500. 5. Bought furniture RO 5000 on account. 6. Purchased Computer for cash RO 20,000. 7. Cash with drawn for personal use RO 10,000. 8