For the following transactions, analyze the accounting transactions using the accounting equation framework.

Introduced Rs500000 through a cheque by the Owner as the Initial capital in the business

Purchased goods on credit from Ms. Ritu at Rs 40000

Paid Rs 10000 as salary to the employees

Invested Rs200000 in a fixed deposit account

Paid school fees of the kid Rs 25000, from the businesss bank account.

Note: (2*5 = 10 marks) 1 marks for analyzing each transaction and 1 mark for correct journal entry