What will be the effect of the following on the Accounting Equation?         (3 marks)

1. Harish started business with cash rs 18,000
2. Purchased goods for Cash rs 5,000 and on credit rs 2,000
3. Sold goods for cash rs 4,000 (costing rs 2,400)
4. Rent paid rs 1,000 and rent outstanding rs 200