You are starting your own business as a data analyst. Part of your monthly management is to complete the accounting equation as an exercise to monitor your equity position in the business. The information provided below relates to the last month of your financial year ending on $31$ May $2024.$ Record the transactions in the accounting equation provided.

Transactions

$1.$ You deposited R$150000$ cash into the bank account to start the business.

$2.$ To start your business, you purchased a computer valued at R$55000.$ The payment for the computer was a cash deposit of R$15000.$ The remainder of the cost price will be paid over $24$ months.

$3.$ Your first invoice for work to be done was issued to the value of R$45000.$ The client paid R$12500$ in cash and promised to pay the remaining amount over a period of two months.

$4.$ You paid licencing fees of R$16800$ for the programmes that you use to build dashboards for your clients.

$5.$ You paid the rent of your premises for the month to the value of R$8500.$

$6.$ You received the water and electricity account for the month of R$15600.$ You decided to pay this only in the next month.

Required:

Record the transactions above in the accounting equation format provided below.

$10\mathrm{.}5$

Owners contribution $+$

Profit$/($Loss$)=$

Long$-$term assets $+$

Bank $+$

Debtors $-$

Long$-$term liabilities $-$

Creditors