You are required to process the following transactions for January made by D Brad in the accounting equation format. Note next to each transaction the alphabetical prefix and next to each amount whether it is a debit [dr] or a credit [cr]. Using this data you are to prepare a balance sheet as at 31 January 2022.

a 2 January: D Brad commenced business with $7000 deposited into the bank and equipment $12 100.

b 4 January: D Brad purchased machinery for $2090 using the business debit card.

c 4 January: Remitted funds for purchase of inventory for $2255.

d 7 January: Inventory costing $1980 was sold by D Brad on credit for $4070 to K Camping.

e 9 January: D Brad brought $2000 cash into the business and a motor vehicle valued at $13 860.

f 12 January: A loan was obtained by D Brad for $7500 from A Relo.
g 15 January: Equipment costing $6050 was purchased by D Brad from T Kevin on credit.
h 15 January: Inventory $2365 was purchased on credit from C Curnuck.
i 17 January: Cash sale was made by D Brad for $3575 and the cost of the goods sold was $1925.
j 20 January: Sold inventory on credit to K Camping for $968 that had a cost of sales of $385.
k 23 January: Machinery $3850 was purchased with the debit card.
l 25 January: D Brad remitted funds to T Kevin, an account payable, $6050 being the amount owed.
m 28 January: D Brad paid C Curnuck, an account payable, $2365 in full payment of account.
n 28 January: D Brad was remitted funds totalling $4070 from K Camping, an account receivable.