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Question 3 (25 marks) Beulah Investments, a sole trader, entered into the following transactions during August 2020. 1 Aug Increased capital contribution from N$10 900

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Question 3 (25 marks) Beulah Investments, a sole trader, entered into the following transactions during August 2020. 1 Aug Increased capital contribution from N$10 900 to N$20 000 and deposited cheque into the bank account 2 Aug 6 Aug 10 Aug 13 Aug 15 Aug 17 Aug Paid rent by cheque NS1 600. Withdrew cash for private use N$1 000 Sent an account to L Dempers for goods bought on credit. N$2 700 Paid membership fees to the Business society N$300 cash. Purchased goods on credit from AD Dealers, N$8 420 Purchased a Fax machine from Incredible Connection for N$3 800 and paid N$900 cash Received cash from L Dempers in settlement of her account Purchased stationery and paid N$ 140 cash. Returned goods to AD Dealers which are not according to sample. N$420 (see Aug 15). Paid salaries N$2 000 by cheque 11 22 Aug 24 Aug 26 Aug 26 Aug You are required to: Show the effect of the following transactions on the Accounting Equation (A - OE + L)

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