Analyze the following transactions in the balance sheet equation using the following worksheet.
1.Initial investment of $300,000 by the owner
2.Acquire equipment for $25,000 cash
3.Acquire inventory for $6,000 on credit
4.Obtain loan of $15,000 from the bank
5.Returned $600 of inventory to supplier
6.Payment to creditor for amount of inventory purchase less amount returned
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