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QUESTION ONE [20] The transactions below relates to T Tasco for the month ended 30 April 2018. Date Transactions Amount 2018 Apr R 01 Deposited capital in business bank account. 120 000 05 Received a cheque for services rendered. 20 000 07 Purchased stationery on credit from Steyn Stationers. 1 500 08 Debited Olivier for services rendered. 5 500 12 Paid Steyn Stationers cash. 750 14 Paid telephone account via EFT. 1 000 16 Received a cheque from Olivier. 4 250 20 Acquired motor vehicle on credit from TATA Motors. 25 000 22 |Paid TATA Motors cash. 10 000 25 T Tasco drew a cheque for private use. 6 000 Required: Analyse the above transactions in tabular form as follows: A/C.DEBIT A/C.CREDIT A = E + L