Labour unions have no interest in the financial statements of private company. Select one: O True False Identify the most relevant transaction for this entry: Assets +12 000 Select one: O True False Owners' Equity +12 000 0 O A. Paid R12 000 cash for rent. B. Received R12 000 cash for rent. C. Received R12 000 cash from debtors. O D. Paid R12 000 for insurance. Purchase stationery on credit from suppliers R850. In the Accounting Equation, equity will decrease and liabilities will increase. Liabilities