QUESTION ONE [25] Moses, a qualified motor mechanic with 22 years of experience, began his own business, Command Vehicle Repairs. On 1 March 2023, Moses withdrew money from his Retirement Fund and deposited R80 000 into a business bank account on 9 March 2023. The following transactions for the month of June 2023 need to be recorded as required below:

\begin{tabular}{|c|c|} \hline \begin{tabular}{c} 2023 \\ June \\ 2 \end{tabular} & \begin{tabular}{l} A rental agreement for premises occupied on1 March 2023 stipulated that the rent \\ for the first three months was R1 000 per month. Thereafter the rent increases to \\ R2 000 per month until 28 February 2024. The June 2023 rent was paid by a direct \\ deposit into the Landlord's bank account. \end{tabular} \\ \hline 3 & \begin{tabular}{l} Hired 2 employees to assist with repairs, cleaning and administration. Each \\ assistant will be paid at the rate of R3 500 per month. \end{tabular} \\ \hline 4 & \begin{tabular}{l} Moses brought in personal tools and equipment to be used in the business. The \\ tools and equipment were valued at R32 000 . \end{tabular} \\ \hline 5 & The electricity account for May 2023 of R2 600 was paid by cash. \\ \hline 8 & Purchased vehicle parts from Nut's Suppliers for R5 800 on a 30 day account. \\ \hline 11 & Deposited R49 000 into the business bank account for services rendered. \\ \hline 16 & \begin{tabular}{l} Purchased Diagnostic equipment from MVE Suppliers for R40 000 on credit. Paid a \\ Deposit of R10 000. The balance will be paid in 6 equal monthly instalments \\ beginning on 1 August 2023 . \end{tabular} \\ \hline 20 & Moses withdrew R9 000 from the business bank account for his own personal use. \\ \hline 25 & Paid salaries to the 2 employees hired on 2 June 2023. \\ \hline 27 & Paid telephone account of R1 100 for June 2023. \\ \hline 29 & \begin{tabular}{l} Paid Nut's Suppliers for the parts purchased on 8 June 2023. Received a \\ settlement discount of 10% for early payment. (refer transaction 8 June). \end{tabular} \\ \hline \end{tabular} \begin{tabular}{|l|l|} \hline 30 & \begin{tabular}{l} Deposited R63 000 for services rendered to the value of R70 000. A 10\% discount \\ was allowed for cash payments. \end{tabular} \\ \hline \end{tabular} Required: Record the above transactions for the month ended 30 June 2023 through a table such as the one illustrated below. Simultaneously show the financial impact of the transaction on the accounting equation and the effect of the same transaction on the relevant accounts. The table is sensitive to + for increase and - or (brackets) for decreases Illustration of a transaction recorded in the recommended format of the required table: Example transaction: 1 June 2023 Purchased a motor bike from Biker's Bargain for RT OoO on credit