The following information relates to Nyakaza Limited; a business that specializes on fresh vegetables for the uMzinyathi region, KwaZulu Natal. The company has a year$-$end that is aligns with the South African Revenue Service timeframe for individuals for $2024.$

On the $1^{st}$ of March $2024,$ Mr Brian Greenham invested R$400000$ into Nyakaza Limited for an expansion program to enhance the production capacity of the farm.

On the same day, the company purchased an additional plot of land for $450000.$

The company obtained a loan of R $50000$ from Mkhonto Wesizwe Bank, dated $02/03/2024$

A cheque was issued for the delivery vehicle purchased by the business for R$400000$

Equipment purchased on account for R$15000,$ this equipment will be used for veggie and fruit purification prior to being sent to customers

A bill of R$10200$ for transporting goods worth R$300000$ that were sent to Freedom Education Limited, a long$-$time loyal customer.

REVISON PACK : B JIYANE

Cash of R$6000$ was received from the customer who was billed in the previous year of assessment.

Receive R$22300$ in cash for freight of goods from KwaZulu Natal to Cape Town.

A payment of R$10000$ was made on the equipment acquired.

Paid expenses for general maintenance amount to R$1200$ by cheque

Trading stock worth R$20000$ was consumed by the majority shareholder for personal use, the commissioner of SARS has declared this transaction as a recoupment as per section $11$ of the Income Tax Act.

Equipment of R$1200$ was withdrawn from the business for the personal use of the founder.

Paid rent for $15$ months commencing on the first month of the tax period for R$10000$ each month

Purchase merchandising inventory amounts to R$80000,\frac{2}{3}$ of the stock was constituted by cheque while the rest was on account.

The company purchased a tractor on the $1^{st}$ of March for the sole purchase of planting crops and for soil erosion. The details as per the asset register recorded the following information:

$\backslash$table$[[$Asset type: IAS $16,$Non$-$ current,Wear and tear: $5$ years$],[$Total amount,$399000,\backslash$table$[[$Depreciation: Same as wear$],[$and tear$]]],[\backslash$table$[[$VAT $/$ Asset registration$],[$number$]],2024/01/01/4010,]]$

Received dividends for R$100000$ from the shares purchased by the company.

Newly appointed director has contributed R$120000$ to the business account

The total ordinary shareholders for dividends payable at the end of the current financial year amounts to R$200000.$

The total preferential shareholders for dividends payable at the end of the current financial year amounts to R$200000.$

The total amount for tax payable at the end of the current financial year is R$130000,$ provisional tax payment of R$30000$ has been already paid and correctly recorded.

$1\mathrm{.}1$ Required: Prepare the accounting equation of the business using the above listed transactions. Arrange the reporting structure: Assets, Equity and Liability accounts.

e$.$g$.$

$\backslash$table$[[$Date$,$A$,$OE$,$L$],[01,+20000,-,-20000],[,,-,-]]$