The following transactions pertain to Rosewall Ltd for November 2015.
1. The company was incorporated, with shareholders investing $250 000 in cash.
2. Purchased $43 000 worth of inventory on credit.
3. Rent of $8000 was paid.
4. Made credit sales of $110 000 (COGS was $45 000).
5. Received the $2000 bill for an advertising campaign to promote the new company. This amount will be paid in December.
6. Inventory was purchased for $27 000 cash.
7. Paid $30 000 of accounts payable.
8. Wages of $24 000 were paid (wages expense).
9. Received $45 000 from accounts receivable.
10. Sales commission was paid at the rate of 1 percent of total monthly sales.
11. Purchased new machinery at a cost of $9000. Of this, $4000 was paid in cash with the remainder to be paid in 15 months' time.
12. Owed employees $3500 in wages at the end of November.
13. Depreciation on the new equipment equalled $1000.

14. Interest of $6000 is owed by the bank at the end of November. It will be received in January 2016.
15. Received $8000 from a client. Services to the client will be provided in December.
16. Several investors sold their shares to other investors.
Show the effect of each of the above transactions on the accounting equation.