These transactions took place in Zindile’s General Dealers for July 20x11:

1. The owner increased her capital contribution by R40 000, by depositing a personal cheque in the current account of the business.

2. Issued a cheque, R150, to Bakkie Services for the delivery services rendered.

3. Rendered services on credit to D. Garner for R300.

4. Received an invoice from PG Garage for repairs done to the delivery vehicle, R450.

5. Purchased stationery on credit from XY Traders amounting to R4 500.

6. Made a loan at Stell Bank of R9 000.

7. The owner took stationery for her personal use, R400.

8. Rendered services for cash, R900.

9. Returned R300 worth of stationery previously purchased from XY Traders.

10. Received a cheque from D. Garner for half the amount outstanding.

11. Received a cheque, R460, from R. Rall as part payment on his account.

12. Purchased equipment for R6 000, made a payment for R1 500 and the balance will be paid off over 6 months.

13. Paid the rates and taxes owing to the municipality by cheque, R1 200.

14. Rendered services on credit for R4 200.

15. Made a payment for salaries, R3 500.

You are required to:

Indicate, with reasons, what effect the given transactions have on the accounting equation