Show the effect of following transactions in Accounting Equation and provide the balance sheet for the following transactions

1. Mr. Ali started business with Goods 20,000, Building 50,000 and Cash 55,000.

2. Purchased goods on account for 15000.

3. Sold goods on account for 20,000.

4. Cash of 10,000 deposited into the bank.

5. Paid cash to supplier of goods 10,000.

6. Received cash from customers 15,000.

7. A part of Building costing 15,000 was destroyed by fire.

8. He made additional investment by cheque 10,000.

9. Paid salaries 2,000 by cheque.

10. Goods returned to the supplier amounting to 2,000.

Answer: 121,000