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Apply the rules of debit and credit for the following transaction using MS Excel Explain the procedure On April 2016 Anees started business wit Rs 100,000 and other transactions for the month are: 2. Purchase Furniture for Cash Rs. 7,000 8. Purchase Goods for Cash Rs. 2,000 and for Credit Rs. 1,000 from Khalid Retail Store 14. Sold Goods to Khan Brothers Rs. 12,000 and Cash Sale Rs. 5,000 18. Owner withdrew of worth Rs. 2,000 for personal use 22. Paid Khalid Retail Store Rs. 500. 26. Received Rs. 10,000 from Khan Brothers 30. Paid Salaries Expense Rs. 2,000