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Question 1 [40] Patek Platinum trades in office furniture. The following transactions took place during August 2021 for Patek Platinum: 1. The owner, Mr Pete Patek, made a capital contribution to increase his capital from R175 000 to R250 000. This was done by means of an electronic transfer from his personal account to the business's bank account. 2. Purchased trading inventory from Rolo Traders on credit, R34 658. 3. Sold merchandise on credit to Diamond Dealers, R9 000. Inventory is marked up at 60% on cost. 4. Paid casual wages from petty cash, R1 200. 5. Received an invoice for repairs done on the roof, R2 875. Paid the invoice by electronic transfer. 6. Paid the water and electricity bill, R1 845, via electronic transfer. 7. Purchased a computer for the office on credit, R14 999. 8. Purchased fuel for the delivery van from petty cash, R1 200. 9. Deposited cash sales, R12 000. Inventory is marked up at 60% on cost. 10.Deposited cash received from a debtor, R3 000, as part payment of his account. 11.Diamond Dealers returned goods and a credit note was issued, R1 200. 12.Settled the account with Rolo Traders in full (no discount). 13. The owner took R100 from the petty cash for personal use. 22 ht ge so IELb hises Required: Enter the transactions above in the accounting equation below, applying the duality concept. Ignore VAT. ASSETS EQUITY + LIABILITIES DR +