ACCT $2101-$ Principles of Accounting $1$

Homework: Accounting Equation

David Lawrence started Dega Corporation operations on January $1,2023$ providing lawn cutting services and completed the following transactions during the first month of operations:

January $7.$ David invested $$10,000$ cash to start Dega Corporation.

January $14.$ Dega Corporation purchased $$3,000$ of Lawnmowers on credit to use for the business.

January $21.$ Dega Corporation provided $$1000$ of services for another company on credit.

January $28.$ Dega Corporation paid $$550$ cash for employee's salary

Arrange the above transactions using the Accounting Equation

Assets

$=$ Liabilities

$+,$ Equity

Cash$/$ Accounts Receivable $\frac{?}{?}$ Equipment $=$ Acct Payable $+$ Capital $-$ Withdrawals $+$ Revenue $-$ Expense