A service proprietorship shows five transactions summarized below. The effect of each transaction on the accounting equation is shown, and also the new balance of each item in the equation. For each transaction (a) to (e) write an explanation of the nature of the transaction. 
Definitions:
Sulphuric Acid
A highly corrosive strong mineral acid with the molecular formula H2SO4, used in a wide variety of industrial processes.
Acid Deposition
The falling of acids and acid-forming compounds from the atmosphere to the Earth's surface, often as rain, snow, or dust, having harmful effects on ecosystems, structures, and human health.
Tar Sand Oil
A viscous form of petroleum found in sand deposits, which requires intensive extraction and processing methods.
Coal-Burning
The process of combusting coal to produce energy, resulting in the generation of carbon dioxide and other pollutants that contribute to air pollution and climate change.
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