Assignment: Understanding and Applying the Accounting Equation through Journal Entries Transactions

The business received an investment of $SR10,000$ in cash from the owner.

Purchased gardening equipment for $SR3,000$ on credit. $3.$ Provided landscaping services worth SR$1,500$; payment received in cash.

Paid SR$500$ in cash for a gardening workshop for employees.

Received a SR $2,000$ loan from a local bank.

Bought additional gardening supplies for SR $800$ ; paid SR $400$ in cash and the rest on credit.

Earned SR$1,200$ from gardening services; the customer promised to pay next month

Paid SR$300$ towards the gardening equipment purchased on credit.

Received a SR$100$ cash refund from a supplier for defective supplies.

Paid SR$1,000$ salary to employees in cash.

Submission Requirements:

Include the analysis on the accounting equation. Submit your assignment in a PDF document.

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