The previous accounting equation for A Argenton was at 6 July 2022 (from question 3.12) and is repeated below.

Further transactions are to be processed in similar format using the alphabetical prefix as a reference to each transaction. You are also to indicate if the transaction is a debit [dr] or a credit [cr] and then, from the accounting equation, prepare a balance sheet as at 31 July 2022.

a 10 July: A Argenton sold inventory for $2475 cash, which had cost $1210.
b 15 July: A Argenton sold inventory on credit to T Ranch $3740 costing $1540.
c 18 July: A Argenton remitted $3300 to A Point (an account payable) for inventory purchased on 4 July.
d 21 July: Inventory was purchased by A Argenton from E Kevin on credit for $2860.
e 21 July: Purchased inventory for $1595 with a debit card.
f 25 July: Remitted wages $900.
g 25 July: Remitted $110 to electricity supplier.
h 25 July: Used debit card to purchase machinery costing $1540.
i 29 July: Received remittance from the account receivable T Ranch for $3740.
j 29 July: Remitted payment to account payable E Kevin of $2860.

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Assets [debit] Bank Inventory Motor Vehicles Office Equipment $ || 4 500 41 800 6800 dr Accounts Payable 5 500 25 000 dr dr dr = 11 Liabilities [credit] $ 3 300 | 3 300 Owner's Equity [credit] + [Revenue [cr] - Expense [dr]) cr Capital $ $ 38 500 38 500 cr