What will the effect on the accounting equation be for the following transaction? The owner of a business took inventory to the value of R500 for his own use. Decrease and Increase in equity, R500. Wat sal die invloed van die volgende transaksie op die rekeningkundige vergelyking wees? Die eienaar van ? besigheid neem voorraad ter waarde van R500 vir eie gebruik. Afname en Toename in ekwiteit, R500. True False