Question 1: Following are business transactions for Ahmad's Grocery store 1. Ahmad invested 50,000 SR cash in the business. 2. Office furniture was purchased for 10,000 SR cash. 3. Office equipment's for 5,000 SR cash. 4. Ahmad sold some of the groceries and received 500 SR cash. 5. Ahmad took 2000 SR from business for his personal use. 6. Office supplies were bought for SR 1200 on credit. Requirement: prepare accounting equation for Ahmad's Business. Cash +Accounts Receivable +Supplies +Equipment + Accounts Payable Capital Income expenses owner's drawing 50000