(Solution) - Mia Anabelle who lives in Winnipeg decided to open Mia s -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Mia Anabelle, who lives in Winnipeg, decided to open Mia?s Nail Spa. Mia completed the following transactions:
A. Invested $20,000 cash from her personal bank account into the business.
B. Bought equipment for cash, $4,000.
C. Bought additional equipment on account, $6,000.
D. Paid $1,000 cash to reduce what was owed from Transaction C.
Based on the above information, record these transactions in the basic accounting equation.