On 1 March 2022.Deep Breath.a fitness fanatic,set up a gym called Fitshape Gym to follow his passion to promote healthy living.The following were the transactions for month ended 31 March 2022:

Transferred R80 000 from his personal savings account into Fitshape Gym's bank account.Also transferred gym equipment valued at R20 000 from his home gym to the business

1.1 Process Fitshape Gym's transaction through the basic accounting equation for the month ended 31 March 2022.use the format shown below