Question 2 of 20 Africa Traders, on 28 February 2020, made an electronic fund transfer for Water and electricity for the month, to SA Dealers. Water and electricity amounted to R4 960 (inclusive of VAT at 15%) for the month of February 2020. Africa Traders and SA Dealers are registered VAT vendors. What will the effect be of the above transaction in the accounting equation of Africa Traders? EQUITY = ASSETS - R4 960 - LIABILITIES RO - R4 960 B. EQUITY - R4 960 = ASSETS RO - UABILITIES + R4 960 C. EQUITY - R4 313,04 = ASSETS - R4 313,04 - LIABILITIES RO D. EQUITY = ASSETS - LIABILITIES