Activity 2.8 Analyse the following transactions according to the table below. An example has already been completed. (66) Example Paid the telephone account at Grocery Garden, R312. General Ledger Assets Date Account Account Effect Reason credited Telephone Bank -R32 Cash decreases Owner's Equity Effect Reason -R312 Telephone expense Transactions 01 M Eugan increased his capital contribu to R250 000. Was issued with receipt ne the amount directly into the busines business has a profit margin of 25%.) iral contribution from R233 000 with receipt no. 33. He deposited into the business's bank account. (The h sales of trading stock according to the cash register m Themba Furniture to the value of roll, RI 340 04 Bought equipment from Themba Furnitur R4 778. Issued cheque no. 114. 17 Issued a cheque to Sindiwe's Spaza for goods. R2 546 as stationery, R77. 21 Issued a cash cheque to the owner for own use, R570. 26 Received Ri 110 from J Summers for the past month's rent! Cash sales of goods, R2 550 29 Issued a cheque for R833 to Buy-right. R421 is for the business telephone account and the rest is for water and electricity