1. Mrs. Kalyani decided to start a retail business with initial capital of Rs. 500,000/- cash and Rs. 700,000/- worth motor vehicle on 1st of April 2019. Details of transactions occurred during the month of April 2019 mentioned bellow. Show how following business transactions affect the accounting double entry system

April 3 Purchase on cash Rs. 50,000/-

April 5 Additional capital invested by the Mrs. Kalyani Rs. 300,000/-

April 10 Sales on cash Rs. 150,000/-

April 13 Mrs. Kalayani has withdrawn Rs. 5,000/- for her personal use.

April 16 Insurance and rent expense were paid during the month Rs. 8,000/- and Rs. 4,000/- respectively.

April 23 Credit purchase Rs. 80,000/- from Mr. Nimal

April 28 Sales on cash Rs. 150,000/-

April 30 Received rent income for the month amounting to Rs. 40,000/-