Question 1 of 20 Africa Traders primary business is to buy and sell furniture and equipment. Africa Traders is not a registered VAT vendor. On 12 March 2019, Mr. Africa (the owner) donated 2 of his personal computer equipment's with a total value of R15 000, to be used in his business by the employees. Which accounts will be debited and credited in the general ledger and what will be the effect in the Basic Accounting Equation? A. Computer equipment will be debited by R15 000 and Capital will be credited by R15 000 in the general ledger. Debiting Computer equipment will result in an increase in Equity by R15 000 and Crediting Capital will result in an increase in Non-current assets by R15 000. Therefore, Liabilities will not be affected. B. Computer equipment will be debited by R15 000 and Capital will be credited by R15 000 in the general ledger. Debiting Computer equipment will result in an increase in Non-current assets by R15 000 and Crediting Capital will result in an increase in Equity by R15 000. Therefore, Liabilities will not be affected. C. Capital will be debited by R15 000 and Computer equipment will be credited by R15 000 in the general ledger. Debiting Capital will result in a decrease in Non-current assets by R15 000 and Crediting Computer equipment will result in a decrease in Equity by R15 000. Therefore, Liabilities will not be affected. D. Capital will be debited by R15 000 and Computer equipment will be credited by R15 000 in the general ledger. Debiting Capital will result in a decrease in Equity by R15 000 and Crediting Computer equipment will result in a decrease in Non-current assets by R15 000. Therefore, Liabilities will not be affected