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QUESTION ONE ( 1 0 MARKS ) The following information relates to Daiken Services, a business that repairs and services air conditioners. Analyse the following

QUESTION ONE
(10 MARKS)
The following information relates to Daiken Services, a business that repairs and services air conditioners. Analyse the following transactions and reflect the effect on the accounting equation.
1 The owner, Mr Smith deposited R100000 as his capital contribution into the business bank account
2 Received cash of R3200 for services provided to a client
3 Paid monthly rates account via EFT, R1000
4 Provided services on credit to debtor, A Small, R4200.
5 Purchased delivery vehicle on credit from Belville Toyota, R120000
6 Paid water and electricity account via EFT, R2200
7 Received monthly rental from tenant via EFT, R3000
8 Purchased stationery on credit from supplier, R1800.
9 The owner withdrew cash of R5000 from the business bank account for his personal use
10 Purchased equipment for the business and paid cash, R2200
Use the following format to present your answers:
\table[[No,ASSETS,=,OWNERS EQUITY,+,LIABILITIES],[1,,,,,]]
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