QUESTION 2 (15 MARKS] B & S Attorneys commenced practicing on 1 March 2019 Show the effects on the accounting equation for the following transactions for the month of March: Month March Date 1 4 5 8 10 20 25 29 Transaction Paid R50 000 deposit into AB Bank Limited to use for the practice Bought office equipment on credit from Game Stores for R12 000 Paid Rental to LimDev by cheque for R8 000 Received a deposit of R18 000 from Mrs Sin respect of a divorce matter Rendered legal service to Peter Tshikosi & charged a fee of R13 500 Made a payment of R2 000 to Game Stores Paid salaries to staff of R30 000 Received a cheque for R3 500 from Peter Tshikosi in part payment of the legal services rendered during the month REQUIRED Show in a tabular format the effect of the above transactions on the accounting equation in the booka of B & S Attorneys (A = OE+L) Example: ASSETS = EQUITY + LIABILITY Transaction Bank: - R2 000 Stationery: - R2000 Bought stationery from Game Stationers for R2000 cash