Bright Traders leased a portion of it's factory to Faith Traders at the beginning of the current financial year for a period of 12 months (the current financial period ends on 28 February 20.19). Bright Traders received rent to the amount of R30 696 from Faith Traders, which covers the rent amount for the current financial period. On 1 September 20.18, Bright Traders notified Faith Traders that from 1 October 20.18 to 28 February 20.19 , Bright Traders will be renovating the entire factory building. Therefore, Bright Traders requested Faith Traders to vacate the factory building during the renovation period. Bright Traders and Faith Traders reached an agreement that the rent already paid for the renovation period will be utilised in the next financial period when renovations are completed. No adjustment journal entry has been processed by Bright Traders regarding the above agreement. The effect that the adjustment journal entry will have on the basic accounting equation of Bright Traders for the year ended 28 February 20.19 will be ... Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off your final answer to the nearest Rand (eg: 50.56 is 51) Bright Traders leased a portion of it's factory to Faith Traders at the beginning of the current financial year for a period of 12 months (the current financial period ends on 28 February 20.19). Bright Traders received rent to the amount of R30 696 from Faith Traders, which covers the rent amount for the current financial period. On 1 September 20.18, Bright Traders notified Faith Traders that from 1 October 20.18 to 28 February 20.19 , Bright Traders will be renovating the entire factory building. Therefore, Bright Traders requested Faith Traders to vacate the factory building during the renovation period. Bright Traders and Faith Traders reached an agreement that the rent already paid for the renovation period will be utilised in the next financial period when renovations are completed. No adjustment journal entry has been processed by Bright Traders regarding the above agreement. The effect that the adjustment journal entry will have on the basic accounting equation of Bright Traders for the year ended 28 February 20.19 will be ... Instructions: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off your final answer to the nearest Rand (eg: 50.56 is 51)