Question

Prepare an accounting equation from the following transactions of F Murray.
2017
July 1 Started business with $15,000 in the bank.
July 2 Bought office furniture by cheque $1,200.
July 3 Bought machinery $1,400 on credit from Trees Ltd.
July 5 Bought a van paying by cheque $6,010.
July 8 Sold some of the office furniture, not suitable for the business, for $150 on credit to
D Twig & Sons.
July 15 Paid the amount owing to Trees Ltd $1,400 by cheque.
July 23 Received the amount due from D Twig & Sons $150 in cash.
July 31 Bought more machinery by cheque $650.