I have a question about a statement of owners equity?

Question

Okay Here's the problem I'm working with....
Jason invested 3,000 cash in his business
He purchased $600 in equipment in cash
He purchased $900 in equipment on credit
He paid $300 of the balance due
I keep coming up with the wrong answer I thought I knew how to solve the equation...Tried it that way--wrong answer....Tried again thinking I was doing it wrong and I was still wrong, tried again still wrong....I'm thinking maybe the problem isn't with me but with the answer sheet....Any help/explanation would be greatly appreciated.

Answer 1

What was your question? The statement of owner's equity would show starting and ending balance of $3,000.

If you want to work out cash on hand, it'd be $3,000 less $600 less $300 = $2,100. He would have equipment $1,500 and AP $600.

If you want the balance sheet, it'd be:
Non-current asset:
Equipment $1,500
Current asset:
Cash on hand $2,100
Total assets $3,600

Current liability:
A/cs payable $600
Owner's equity:
Amt. invested $3,000
Total liabilities + equity $3,600