$1\mathrm{.}2.$ Define the following concepts

$1\mathrm{.}2,1.$ Assets

$1\mathrm{.}2\mathrm{.}2.$ Income

$(2)$

Ouestion $2$: Accouriting equation $(10)$

Analyse the given transactions by following the example below:

e$.$g$.$ A payment of R$7800$ was made to pay salary through BFT$.$

$\backslash$table$[[$No$,\backslash$table$[[$Account$],[$debited$]],\backslash$table$[[$Account$],[$credited$]],$Assets,$\backslash$table$[[$Owner$\text{'}$s$],[$equity$]],$Liabilitie$],[$E$,$g$,$Salary,Bank,$-7800,-7800,]]$

Transactions

Purchased equipment for cash, R$21670.$

Received R$3200$ from $S$ Sola for monthly reat.

Sold goods for cash, R$5700($Cost price R$2450)$