D. Analyze the transactions using the format below and prove the accounting equation (50 points). ASSETS LIABILITIES OWNER'S EQUITY DATE CASH SUPPLIES LAND BUILDING EQUIPMENT FURNITURE & FIXTURES ACCOUNTS PAYABLE LOANS PAYABLE VALDEZ, CAPITAL The following transactions were entered into Dr. Jo Valdez for the month of June: 04 Jo Valdez opened "Jo's Health Spa" by investing Php. 1,500,000 cash and half of a lot inherited by Jo and her sister Ann worth Php. 500,000 07 Interviewed a nurse and a business graduate to work for her for a salary of Php. 15,000. 08 Valdez bought for cash Php. 900,000 worth of equipment and Php. 15,000 worth of supplies 10 Bought furniture & fixtures from a friend at a cost of Php. 150,000 promising to pay after 7 days. Only Php. 80,000 of this was placed in the clinic. The remaining Php. 70,000 furniture and fixtures were placed in her condominium unit. 12 Applied for a Php. 2,500,000 business loan from a bank by mortgaging her inherited lot. The money will be used to construct the clinic. 14 Withdrew supplies worth Php. 2,000 for personal use. 15 The loan was approved, and the money deposited for the account of the health spa. 17 Paid one half of the amount due on the furniture & fixtures. 30 A two-story clinic was constructed on the inherited lot. The construction cost amounted to Php. 2,400,000. Terms: down payment Php. 500,000 and a note for the balance. a. Analyze the transactions in the format given. b. Prepare the statement of financial position as at June 30, using the final balances