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Question 2 Samuel Richards is a licensed architect. During the first month of operation of his business, the following events and transactions occurred. Apr. 1

Question 2
Samuel Richards is a licensed architect. During the first month of operation of his business, the following events and transactions occurred.
Apr. 1 Invested $45,000 cash in business.
Apr. 1 Hired a secretary-receptionist at a salary of $500 per week payable monthly.
Apr. 2 Paid office rent for the month $800.
Apr. 3 Purchased architectural supplies on account from Dakin Company for $1,500.
Apr. 10 Completed blueprints on a carport and billed client $1,800 for services performed.
Apr. 11 Received $500 cash advance from D. Ellington for the design of a new home.
Apr. 20 Received $1,500 cash for services completed and delivered to L. Leno.
Apr. 30 Paid secretary-receptionist $2,000 for the month.
Apr. 30 Paid $600 to Dakin Company for accounts payable due.
Apr. 30 Collected $800 as a partial payment of the blueprints completed on April 10.
Required: Prepare an accounting equation from the above-given details.
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