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Question 4 (15 Marks) Jelly Johns party packs had the following transactions during December 2016: 1. Purchased a vehicle for the business using personal funds of the owner to the value of R180 000 2. Sold goods on credit to customers for R8 000 that had a cost of R4 500 originally. 3. Purchased inventory for R45 000 on credit from a supplier. Page 7 of 10 C Malan Moderator Examiner CENTRAL UNIVERSITY OF TECHNOLOGY, FREE STATE SENTRALE UNIVERSITEIT VIR TEGNOLOGIE, VRYSTAAT Central University of YUNIVESITHI E BOHARENG YA THEKENOLOJI, FOREISTATA Technology, Free State 4. Purchased property for R800 000. A cash deposit of R50 000 was paid out of the entity's bank account and the balance was paid by taking out a mortgage bond from Beta Bank. 5. Paid R5 000 from the entity's bank account for furniture purchased by the owner for personal use. 6. Paid R2 500 for gardening services at the entity's premises. Required: 4. Record the above transactions on the accounting equation for the month of December 2016. Provide the name of the account that will be affected by the transaction and indicate in the equation if it will be an increase (+) or decrease (-)