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David Doolittle Traders purchased a vehicle for R386 100 on 1 March 2024 from Moto Mainland Cars on credit. David Doolittle Traders paid a
David Doolittle Traders purchased a vehicle for R386 100 on 1 March 2024 from Moto Mainland Cars on credit. David Doolittle Traders paid a deposit of R198 000 from its bank account and negotiated to pay the outstanding amount in installments of R37 620 for the next 5 months. Which one of the following alternatives shows the correct net effect of the above transaction on the accounting equation on 1 March 2024? OWNER'S EQUITY 0 Option ASSETS LIABILITIES A +188 100 +188 100 B + 386 100 + 198 000 + 188 100 C + 386 100 0 +188 100 D -188 100 +386 100 . A. Option A . B. Option B . C. Option C D. Option D Africal Text Predictions: On Accessibility G - 198 000 -198 000 I
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