Alia open a Bakery Shop at Cyberjaya on March 2022. The following are transactions occur during the month of March 2022.

Complete the accounting equations using Assets = Liabilities + Owners Equity.

Mar 1 Owner bring own kitchen equipment to business amount RM 40,000

and cash at bank RM 10,000.

2 Rent a shop premise and pay immediately by cash RM 2,000.

4 Purchase raw materials by cash RM 550.

7 Purchase equipment on credit RM 3,000.

10 Sold cake to customer pay by cash RM 120.

12 Pay electricity bills RM 80.

17 Sold goods on credit RM 230.

20 Purchase inventory on credit RM 1,200.

23 Received cash commission RM 340.

25 Salary RM 1,200 paid by cheque.

28 Received full payment from receivable.

30 Paid to account payable RM 1,000.