Exercise 3 ( 5 points) State whether the following events form accounting transactions or not for the business of Mr. M (proprietor)

1. Mr. M started business with capital (brought in cash) 20,000
2. Paid salaries to staff 3,000
3. Purchased Machinery for 10,000 in cash
4. Placed an order with Sen & Co. for goods for 2,000
5. Opened a bank account by depositing 2,000
6. Received pass book from bank
7. Appointed Mr. B. Sen as manager on a salary of 1,000 per month
8. Received interest from bank 300
9. Received a price list from B