Mr. Sampath started a retail business on 1 January 2024. The transactions that took place in...

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Mr. Sampath started a retail business on 1" January 2024. The transactions that took place in the month of January 2024 are presented in accounting equation form as follows. No Cash+ (Rs) Debtors Office equipment+ Furniture = Creditors +Capital (Rs) (Rs) (Rs) (Rs) 1 +1,000,000 (Rs) +1,000,000 2 -200,000 +350,000 +150,000 3 -250,000 +250,000 4 -35,000 -35,000 5 -15,000 -15,000 You are required to describe each transaction together with their associated amounts. Mr. Sampath started a retail business on 1" January 2024. The transactions that took place in the month of January 2024 are presented in accounting equation form as follows. No Cash+ (Rs) Debtors Office equipment+ Furniture = Creditors +Capital (Rs) (Rs) (Rs) (Rs) 1 +1,000,000 (Rs) +1,000,000 2 -200,000 +350,000 +150,000 3 -250,000 +250,000 4 -35,000 -35,000 5 -15,000 -15,000 You are required to describe each transaction together with their associated amounts.