Question 1 Fanta Orange owned by C Fanta and H Orange had the tolliowing transactions for January 2018. January 2018 (25 Marks) 1. Fanta and Orange invested NS 100 000 (NS 65 000 as cash and N$ 35 000 as Motor Vehicle 2. Fanta Orange tock out a loan of Ns 10 000 from Nokia Bank Pic and was directy ransterred in the bank account 3. Bought motor vehicde from Zis Motors at NS 20 000 and was paid by cheque on 01 February 2018 4 Mr Dance Noe donated ree (3) Computers valued at N 30000 to Fata Orange, 5. Employees salary amounted N$ 50 000 and was paid from cash 6. A debtor Ms Walala Wasara was deciared bankerupt and an amount of NS 1 000 was wrmen off as inecoverable CFanta took N$ 2 500 hom the business bank account to fix his personal car. Cheque of NS 2000 was wendrawn to pay for telephone (N 600) and Transport (NS 1 400) 7 8 9. Paid Nokia Bank Pic N$ 10 000 by cheque: 0. A credtor with NS 5 000 balance was settied by cash as NS 4 500 in ful setement of 1. Recovered N$ 150 cash from a deb or Ms Walla Wasara REQUIRED Page 9 ol 17 copy, the table format below your answer book, and Cassity each trvsason on the accounting equation table showing the effects of each transaction on the accounting equation Include account name. and amourts ASSETS Effects Efsects