Question: What will the effect on the accounting equation be for the following transaction? Purchase packing material for R1 000 cash. Decrease in assets, R1 000;

What will the effect on the accounting equation be for the following transaction? Purchase packing material for R1 000 cash. Decrease in assets, R1 000; Decrease in liabilities, R1 000. Wat sal die invloed van die volgende transaksie op die rekeningkundige vergelyking wees? Koop verpakkingsmateriaal vir R1 000 kontant aan. Afname in bates, R1 000; afname in laste, R1 000. True False

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