Kuya Joem decided to open an ice cream store on January 1, 2022. In order to do so, he invested Php 300,000.00 for the establishment of his business. On the month of January, Kuya Joem also incurred the following transactions: January 5 Bought the necessary equipment for the ice cream shop. The purchase price was Php 200,000 January 7 Bought goods on credit. The goods were bought from Ryan Store at a cost of Php 50,000. The goods are to be paid in 15 days. January 15 The ice cream store opened. During this day, Joem sold Php 25,000 worth of ice cream. Half of this was paid in cash and the other was to be paid in 15 days. The cost of the ice cream sold is Php 20,000. January 22 Paid Ryan Store January 30 Received payment for the goods sold in January 15 Required: Determine the effect of each day's transaction to the accounting equation. Use the following table as guide