Refer to the following transactions entered into by TH Traders during the year ended 30 June 2012 and answer the question that follow

TRASACTION
1.	The owner deposited R60 000 into business account as his contribution to the business
2.	Sold goods on credit to F Meko, R7 000
3.	The business obtained a loan of R30 000 from FNB
4.	Bought stationary on credit , R300
5.	Cash sales of goods,R6 500 ,The goods were bought for R4 000
6.	Purchased furniture and equipment on credit from FBD Ltd R5000
7.	The owner used a business cheque to pay for his personal accounts,R4000
8.	Purchased Equipment worth R60 000.R42 000 was paid using cash and the remainder will be paid in 3 months time.

REQUIRED

Record the above transactions using the Accounting Equation

Use the following format to answer this question

Example:Paid for advertising R300

TRANSACTION	ASSETS	=	EQUITY	+	LIABILITIES
EXAMPLE	-300		-300		0