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The following information was obtained from the records of Delicious Braai's for the month of February 2 0 . 1 : Thulani saved R 1
The following information was obtained from the records of Delicious Braai's for the month of February :
Thulani saved R so that he can start his own braai shop in Midrand. On February Thulani opened a business bank account, Delicious Braai's, at ABC Bank and he deposited R On February he bought equipment for R on credit, which is repayable within a year.
On February he purchased patio furniture from Unique Furnishers for R cash. On February Thulani used the business banking app to pay R for maintenance of the solar panels at his home.
On February he used the business debit card to pay for the advertising of his business. During the first month of trading, he made cash sales of R and credit sales of R
On February Thulani obtained a loan of R from XYZ Bank with a payback period of more than a year. This amount was paid into the bank account of Delicious Braails bank account.
Required:
After taking into account all the information provided in the scenario above, please fill in the total equity and liabilities section of the statement of financial position as at February of Delicious Braais
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