please answer clearly and I will upvote your answer!

Purchases and Sales of Merchandise, Cash Fows Pedat City, a bike shop, opened for business on April 1. It uses a periodic inventory system. The following transactions occurred during the first month of business: Required: For all accounting equations, if a financial statement item is not affected, select "No Entry" and leave the ameunt box blank or enter " 0 ". If the effect is negative, use the minus sign. Remember: if a contra account is increased, it will have the effect of decreasing the corresponding financial statement item. 1. Identily and analyze each of the following transactions of Pedal City. April 1: Purchased five units from Giorgio, Inc. for $400 total, whth terms 3/10, n/30, Fob destination. Activity Accounts statement(s) How does this entry affect the accounting equation? April to: Paid for the April 1 purchase. 3 more Check My Work uses remaining Issignment Score: 0.0% How does this entry affect the accounting equatien? Hor does this entry affect the acceunting equation? Aprit 18: Purchased ten units from Bush Enterprises fo ow dees this entry affect the accounting equation? April 25: Sold three units for $200 each, cash. Activity Accounts Statement(s) How does this entry affect the accounting eeuation? How does this entry affect the accounting equation