A business has a financial year-end of 31 December. On 1 January 2021, the business purchased equipment for use in processing the business's products. The business did not pay immediately, but was instead granted credit beyond usual terms. On 31 December 2021, the business will pay the supplier R754 000 in full settlement for the equipment. The market-related interest rate is 16%. Complete the blanks in the journal entry below. In the details column: write the name of the account followed by the correct bracketed information. For the figure in the DR column: do not write an "R": use either a space as a thousands separator, or no thousands separator. Date 1/1/2021 DR CR Details DR CR Complete the blanks in the sentence below. For the type of expense, write just one word. For the figure: do not write the "R": use either a space as a thousands separator, or no thousands separator. XXXXXXXX In the statement of comprehensive income for the year ended 31 December 2021, the business will report R expense of