The following schedule shows the effect of several transactions on the accounting equation of Preya Palit and the balance of each item in the equation after each transaction. Write a sentence to explain the nature of each transaction.

Assets																				=	Liabilities			+	Equity
	Cash at Bank	+	Accounts Receivable			+	Office Equipment				+		Office Supplies						=		Accounts Payable			+	Preya Palit, Capital
(1) (2)	+$20000 -7000							+7000												=						+$20000
(3)	13000 +2000					+		7000												=					20000 +2000
(4)	15000			+6000		+		7000												=					22000 +6000
(5)	15000	+		6000		+		7000							+3000					=			+3000		28000
(6)	15000 +4000	+		6000 -4000		+		7000			+				3000					=			3000	+	28000
(7)	19000 -8000	+		2000		+		7000			+				3000					=			3000	+	28000 -8000
(8)	11000	+		2000		+		7000			+				3000 -2000					=			3000	+	20000 -2000
(9)	11000 -3000	+		2000		+		7000			+				1000					=			3000 -3000	+	18000
	8000	+		2000		+		7000			+				1000					=			0	+	18000