Date	Transaction
2/17	Invested capital of P50000 into the business.
3/17	Bought inventory on credit worth P15000.
5/17	Withdrew P2500 cash for personal use.
6/17	Paid wages of P2000 to his employees.
8/17	Accrued advertising expenses of P1000.
9/17	Cleared P10000 of the inventory that was purchased on 03/17.
20/17	Paid rent expense for P3000 cash.
25/17	Purchased a computer for P8000 cash.

Required: Prepare a worksheet of John Luke transactions indicating the accounting equation. (8 marks)