QUESTION TWO [20] Show the effect of the following transactions of TikTok Limited on accounting equation using the format provided. Use + if the element increases, - if the element decreases and 0 if the element remains unchanged. Also indicate the amount. E.g. TikTok bought stationery on credit, R900. Transactions: 2.1 Bought invoice books on credit, R1 300 . 2.2 Bought a computer by cheque, R230 000 . 2.3 Cash received for services rendered, R14000. 2.4 Paid the annual fire insurance by cheque R22400. 2.5 Received R2 000 from a debtor in part settlement of her account. 2.6 The tenant paid the monthly rental to TikTok Limited, R15 000 Page 3 of 6 2.7 Received an account for repairs to the machinery, R17 500 . 2.8 Bought fuel for delivery vehicle by cheque, R400. 2.9 TikTok took R1 800 drawings from the business. 2.10 Cash received for services rendered to Mr Henry who is a valued a customer, R101 150