Show the effect of following business transactions on the accounting equation:
1. Anbu started business with cash Rs. 20,000; goods Rs. 12,000; and machine Rs. 8,000;
2. Goods purchased from Ramani on credit Rs. 7,000;
3. Payment made to Ramani’s in full settlement Rs. 6,900;
4. Sold goods to Rajan on credit costing Rs. 5,400 for Rs. 6,000;
