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Makhanda motor repair had the following transactions: 1 . 1 . Services rendered to customers on credit, R 1 0 0 0 0 . 1
Makhanda motor repair had the following transactions:
Services rendered to customers on credit, R
Purchased cleaning materials from DH Chemicals and paid by cheque, R
Received rent from a tenant, R
Settled the account of creditor, OP Cash and Carry and paid by cheque, R
Purchased a vehicle and paid by cheque, R
Required
Show the effect of the above transactions of Crazy Cellular Repairs on the accounting equation. Use to denote an increase, to denote a decrease and to denote no change to the elements of the equation. Present the above transactions in the following format:
Number
Description
Assets
Equity
Liabilities
Bank and sales
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