Labour unions have no interest in the financial statements of private company. Select one: True False Identify the most relevant transaction for this entry: A. Paid R12 000 cash for rent. B. Received R12000 cash for rent. C. Received R12 000 cash from debtors. D. Paid R12 000 for insurance. Purchase stationery on credit from suppliers R850. In the Accounting Equation, equity will decrease and liabilities will increase. Select one: True False