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WIELUS material and any other resources available. Provide details of your references in the end. You may increase the space given for answers as per

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WIELUS material and any other resources available. Provide details of your references in the end. You may increase the space given for answers as per your requirement. Answer All the Questions Following information is relevant for Questions 1 - 4 Paradise Decorators offers home interior decorations services. It was started my Ms. Mallak on April 1, 2020. During the month of April the business had the following transactions: April i Mallak brought capital OMR 20,000. April 3 Purchased equipments from Alif Traders for OMR 7,000 on credit. Paid OMR 5,000 and agreed to pay the remainder later. April s Rendered decoration service to a customer and received OMR 1,500 Aprils Purchased supplies for OMR 400. April 9 Paid one year insurance for the business van OMR 900 April 11 Earned OMR 3000 for decorating the newly constructed house of Mr. Khalil: received OMR 1,200 and Mr. Khalil agreed to pay the balance later. April 14 Cash paid to Alif Traders OMR 1,000. Aprilis Maintenance expense for the business van OMR 300. April 18 Borrowed money from a finance company OMR 5,000 by signing a 2 month note. April 20 Purchased ladders for the business on account from Jumbo Hardware OMR 500. April 23 Mallak withdrew OMR 200 for her personal expenses. April 25 Paid utility bill OMR 250. April 2s Received cash from Mr. Khalil OMR 900. April 29 Salary paid for the month OMR 1,100 April 30 Provided service to Mr. Waleed on credit OMR 1,500. Question 1: Analyze the transactions and show their effect on the accounting equation (10 Marks)

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