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REQUIRED Show the effect of the following transactions of ST Services on the accounting equation. Assume that the bank balance is always favourable. Use
REQUIRED Show the effect of the following transactions of ST Services on the accounting equation. Assume that the bank balance is always favourable. Use " + " to denote an increase, "-" to denote a decrease and "0" to denote no change. (4 marks) Transactions a) Purchased a computer on credit, R22 000 . b) The proprietor drew cash from the business for his personal use, R5 000 . c) Received R3 000 from a debtor in settlement of her account. d) ST Services obtained a loan of R100 000 from Ben Bank
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