Charley Wholesalers trade in textiles. They make use of the perpetual inventory system. Charley Wholesalers entered into the following transactions during March 2019: Required: Show how the above transactions will affect the accounting equation, and how the accounts in the general ledger will be affected. For each transaction: - Indicate which general ledger account will be debited(DR) and which account will be credited(CR); - If the assets, equity or liabilities will increase(+) or decrease(-), and; - by what amount. You must indicate an increase with a+ sign in front of the amount in order to get the mark. Round all amounts to the nearest Rand. Hint ensure that after each transaction your accounting equation A=OE+L is true: Example: The owner purchased stationery for R5 000. Q The Independent Institute of Education (Pty) Ltd 2020