Question: QUESTION 3 ( 1 0 Marks ) REQUIRED For each of the transactions below, state how the accounting equation TG Traders will be affected. Follow
QUESTION Marks
REQUIRED
For each of the transactions below, state how the accounting equation TG Traders will be affected. Follow the example provided. Assume that the bank balance is always favorable.
Marks
Example
A payment was made to Telkom for the telephone bill of R
tableAssetsEquity,LiabilitiesDecrease by RDecrease by RNo change
TRANSACTIONS
a
The proprietor increased her capital contribution by depositing R cash into the banking account of the business.
A payment was made to Ken Bank for a part repayment of loan, R
Purchased a laptop on credit, R
The proprietor took stationery for her personal use, R
Received R from a debtor who settled his account.
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