At the beginning of August 2022, Merlin Software Company had Cash balance of $21,000, Accounts Receivable of $9,000. Accounts Payable of $2,000, and Capital of $28,000. The following details are available for month of August 2022: 1. Purchased equipment for $36,000 from Galaxy Inc. Paid $19,000 cash and signed a note payable for the balance. 2. Provided software services to Marriot Hotels for $4.300 cash. 3. Hired an employee to start working in September 2022 with monthly salary of $3.000. 4. Paid $1,500 of the amounts owing at the beginning of August 5. Received $6,200 from customers for contracts billed in July 6. Paid Toronto Hydro $650 for energy used in August. 7. The owner withdrew $3,000 cash from the business. 8. Paid Galaxy Inc. $2,550 on account of the note payable issued for the equipment purchased in transaction 1. Of this, $50 was for interest expense. 9. Paid $2,200 for August rent of office space 10. Incurred advertising expense on account for August, $1900. Required Prepare accounting equation from the above-given details.

At the beginning of Atgust 2022 , Merfin Software Gompery had Cash balance of $21,000. Arcounts Recervable of $9,000. Accounts Payable of $2.000, and Capital of $28,000. The following details are avalable for month of August 2022 . 1. Purchased equipment for $36,000 from Galaxy Inc. Paid $19,000 cash and signed a note payable for the balance. 2. Provided software services to Marriot Hotels for \$. 1300 cash 3. Hired an employee to start working in September 2022 with monthly salary of $3.000 4. Paid $1,500 of the amounts owing at the begincing of Av zust- 5. Received $6.200 from custormers for contracts beted in huk 6. Paid Toronto Hydro $650 for energy used in August 7. The owmer withdrew $3,000 cash from the business. 8. Paid Galaxy Inc. $2.550 on account of the nate payabie isis-s. for the equipirint purchased in trapsaction 1 . Of this, $50 was for interest experise. 9. Paid 52,200 for August rent of ofitice space 10. Incurred advertising expense on arcouth for hugust, S1 920 . Required Pregare accountirg equation from the above-given thetais At the beginning of Atgust 2022 , Merfin Software Gompery had Cash balance of $21,000. Arcounts Recervable of $9,000. Accounts Payable of $2.000, and Capital of $28,000. The following details are avalable for month of August 2022 . 1. Purchased equipment for $36,000 from Galaxy Inc. Paid $19,000 cash and signed a note payable for the balance. 2. Provided software services to Marriot Hotels for \$. 1300 cash 3. Hired an employee to start working in September 2022 with monthly salary of $3.000 4. Paid $1,500 of the amounts owing at the begincing of Av zust- 5. Received $6.200 from custormers for contracts beted in huk 6. Paid Toronto Hydro $650 for energy used in August 7. The owmer withdrew $3,000 cash from the business. 8. Paid Galaxy Inc. $2.550 on account of the nate payabie isis-s. for the equipirint purchased in trapsaction 1 . Of this, $50 was for interest experise. 9. Paid 52,200 for August rent of ofitice space 10. Incurred advertising expense on arcouth for hugust, S1 920 . Required Pregare accountirg equation from the above-given thetais