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On 1/1/2019 Ahmed started an accounting consultancy business by a 150,000 AED cash capital. purchased car at 35,000 cash Purchased stationary by 2500 AED cash.

  1. On 1/1/2019 Ahmed started an accounting consultancy business by a 150,000 AED cash capital.
  2. purchased car at 35,000 cash
  3. Purchased stationary by 2500 AED cash.
  4. Purchased office equipment by 9000 from Spring Stores on account.
  5. Withdrew 15,000 AED from his business for personal use.
  6. Purchased furniture by 12,000 from West Company on account.
  7. provided consultations to his customers and received 30,000 cash
  8. Paid the amount due to Spring Stores.
  9. Paid the utility bill (electricity & water) of 2000 AED .

10. Paid his office monthly rent of 3500 AED .

11. Paid the employee salary 5000 AED cash

Required : Using a tabular ;

Show the effect of the above transactions on the accounting equation.

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