Show the effect of following transactions on the accounting equation and prepare balance sheet at the end :

(i) Ridhima commenced business with cash 1,00,000 and bank balance 70,000. ₹

(ii) Cash withdrawn from bank for office use Rs 16,000.

(iii) Rent paid in cash 15,000.

(iv) Interest received by cheque ₹ 20,000.

(v) Cash withdrawn from bank for personal use Rs 30,000.

(vi) Additional capital introduced (vii) Interest on 40,000.​