Is the following correct? If not what needs to be changed ( the titles entered are what we need to use (cash, owners equity, etc.), and find the Total Assets, Total Liabilites and Total Equity, using the general ledger, making sure that it follows the Accounting Equation: Assets = Liabilities + Equity.

A. On June 1, 2011 Owner made a new investment of $100,000 cash in business Date PR Debit Credit 6/1 Cash 101 100,000 Owner, Equi 301 100,000 B. On Auqust 10, took a loan from the Bank for $1,000,000 received cash Date PR Debit Credit 101 1,000,000 202 8/10 Cash Lo ans Payable 1,000,000 C. On September 11, purchased equipment for $400,000 cash Date PR Debit Credit 9/11 Equipment 104 400,000 101 Cash 400,000 D. On September 11, purchased Medical Supplies on account for $230,000 Date PR Debit Credit 9/11 Medical Supplies 103 230,000 Accounts Payable 201 230,000