AP Frank Petronick decided to start an accounting practice after graduation from university. The following is a list of events that occurred concerning Frank's practice during June 2021, the first month of operations.

June 1

After shopping around, Frank found an office to lease and signed a lease agreement. The lease calls for a payment of $1,050 rent per month.

4

Borrowed $3,846 from his grandmother so that he could buy some office furniture for his new office.

4

Deposited the $3,846 plus $530 of his own cash in a new bank account at BMO under the name Petronick Accounting Services.

6

Paid the landlord the first month's rent.

8

Purchased furniture for $3,160 on account.

11

Moved into the office and obtained the first assignment from a client to prepare year-end financial statements for $1,865.

15

Performed the work on the assignment and sent an invoice to the customer for $1,865.

15

Paid half of the amount of the purchase of furniture.

18

Purchased supplies on account for $344.

26

Paid for Internet services, $49 cash.

28

Collected $900 of the June 15 billing to the customer.

30

Withdrew cash from the business of $128 for personal expenses.

Prepare a tabular analysis of the effects of the above transactions on the accounting equation.

analyse transactuions and calculate owners equity