Below are the transactions for Alex in Jan 2023: 1 Alex commenced business by depositing cash RM80,000 in the bank as capital. 4 A machine was purchased and paid for with company cheque for RM42,000. 8 Alex purchased goods for resale amounting to RM17,500 on credit. 12 Alex made a cash-sales of RM4,800; cost of goods sold was RM2,600. 16 Alex received a bank loan of RM30,000, the money was credited to the business bank account. 20 Alex brought in his personal car for business use, the car was valued at RM65,000. 23 Alex purchased goods for resale amounting to RM35,600, he paid the supplier by cheque. 27 Alex paid supplier RM17,000 for the goods purchased on 8 Jan 2023, discount received RM500. 30 Alex bought a computer for RM5,200 by cheque. Required: Prepare the accounting equation for the month of January 2023. (15 marks)