For each transaction show the effects on the elements of the accounting equation. The first transaction has been done as an example. 2013 Jan 1 Muhammad Aiman commenced business by depositing cash RM60,000 in the bank as capital Jan 4 A motor vehicle was purchased and paid for with company cheque for RM35,000 Jan 9 Furniture costing RM5,000 was purchased on credit from Perabot Jati Jan 15 Muhammad Aiman withdrew cash from bank RM1,000 from business account to pay for his private expenditure Jan 20 cheque for RM2,500 was paid to Perabot Jati as payment for part of the amount owing Jan 30 With personal cheque, Muhammad Aiman paid Perabot Jati for the balance of the amount owing 2013 Bank (RM) Assets Vehicle (RM) Furniture (RM) Owner's Equity & Liabilities Capital (RM) Creditors (RM) 60.000 60.000 Jan 1 Jan 4 Jan 9 Jan 15 Jan 20 Jan 30