What will the effect on the accounting equation be for the following transaction? Pay water and lights of R490 via an internet transfer to the municipality. Decrease in assets, R490; Decrease in equity, R490. Wat sal die invloed van die volgende transaksie op die rekeningkundige vergelyking wees? Betaal die water en ligte van R490 via ? internetbetaling aan die munisipaliteit. Afname in bates, R490; Afname in ekwiteit, R490. True False