Following are the accounting transactions relating to Mr. Ms Business. Use the accounting equation to show their effect on his assets, liabilities and capital

i. Started business with capital 75,000 ii. Bought furniture 10,000 iii. Bought goods for cash 20,000 iv. Bought goods from Ram on Credit 10,000 v. Sold goods for cash 15,000 vi. Sold goods to Shyam on credit 5,000 vii. Returned goods to Ram 1,000 viii. Goods Returned from Shyam 500