Question 2 Show the effect of the given transactions on the Accounting Equation. Transactions: 31 July 2020 1 Sold goods on credit to D. Denis, N$900. 2 Received N$42 500 from Bank Windhdek, being N$40 000 for an investment that matured today and the rest for interest on investment 3 Returned damaged goods to Sunny Suppliers, N$160. 4 The owner withdrew N$650 from the current bank account to pay his electricity account. 5 Received an invoice from PP Wholesalers for goods bought, N$3 000 less 2,5 trade discount 6 Issued a credit note to D. Thomas for goods returned. N$70. 7 Paid a casual worker from petty cash N$50