Question: What will the effect on the accounting equation be for the following transaction? Pay water and lights of R490 via an internet transfer to the

What will the effect on the accounting equation be for the following transaction? Pay water and lights of R490 via an internet transfer to the municipality. Decrease in assets, R490; Decrease in equity, R490. Wat sal die invloed van die volgende transaksie op die rekeningkundige vergelyking wees? Betaal die water en ligte van R490 via ? internetbetaling aan die munisipaliteit. Afname in bates, R490; Afname in ekwiteit, R490. True False

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