Madeline Abdul decided to open Madeline's Nail Spa. Madeline completed the following transactions: a. Invested $17,000 cash from her personal bank account into the business. b. Bought store equipment for cash, S3,900. C. Bought additional store equipment on account, S6,200. d. Paid $800 cash to partially reduce what was owed from Transaction c. Based on this information, record these transactions into the basic accounting equation. MADELINE'S NAIL SPA Transaction Cash Assets Store Equipment Liabilities Accounts Payable + Owner's Equity M. Abdul, Capital 17,000 17 000 (3,900) (6,200) (5400) (800) Total
