Question 1.5 The following transactions took place in a new business: (10 marks) 1. The owner puts R1,600,000 into the new business 2. They purchase a vehicle for R300,00 3. They purchase inventory for R500,000 from a supplier who gave him credit 4. They sell R400,000 to a customer on credit 5. The inventory taken to service the sale above (in 4) is R197,500 6. They incur the expenses below paying cash for all of them Rent Salaries Advertising Stationery R22,500 R134,250 R29.000 R1,830 Use Template 5 in the spreadsheet provided and fill in the columns using the accounting equation. Question 1.5 Fill in the green blocks Assets Fixed assets Inventory Debtors Equity Investment Sale Liabilities Creditors Bank Expenses Capital injection Vehicles Inventory Sale & cost of sale Expenses Rent Salaries Advertising Stationery