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answer 2.1 Show the effect of the following transactions in the accounting equation. (15) For example: 1. The owner deposited R 60000 into business current
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2.1 Show the effect of the following transactions in the accounting equation. (15) For example: 1. The owner deposited R 60000 into business current account as his contribution. 2. Sold goods on credit to F Malila for R 7000 (Cost price R4 500). 3. Business obtained a loan of R30 000 from FCB Bank, the money was transferred to the business current account. 4. Bought stationery on credit, R300. 5. Owner withdrew R400 for personal useStep by Step Solution
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