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3.2 REQUIRED Show the effect of the following transactions of Xpanda Stores on the Accounting equation. Use"+to denote an increase,to denote a decrease and "O" to denote no change to the elements of the equation. Assume that the bank balance is favourable at all times. Follow the example given Example: Paid for electricity by cheque, R900 No. Assets Equity R900 Liabilities R900 TRANSACTIONS 3.2.1 Purchased stationery on credit from PQ Stationers, R500. 3.2.2 nvested R50 000 in a fixed deposit (investment) account at Sen Bank. 3.2.3 Interest on credit balance according to the bank statement from Sen Bank amounted to R100. 3.2.4 Received a cheque from Sen Bank for a long-term loan that was negotiated, R200 000. 3.2.5 A creditor charged Xpanda Stores RS0 interest on overdue account