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The following transactions of Kemilau Enterprise occurred during the month of March 2023: Date Transactions March 1 Kamal, the owner of Kemilau Enterprise, invested
The following transactions of Kemilau Enterprise occurred during the month of March 2023: Date Transactions March 1 Kamal, the owner of Kemilau Enterprise, invested RM50,000 of his personal savings into the company's account. 2 Rented office space and paid RM1,200 cash for the month of March. 3 Purchased office equipment for RM30,000, paying RM8,000 cash and the balance to be paid in one year period. 4 Purchased office supplies for RM750 cash. 8 Completed services for a client and received RM2,700 cash for the services. 15 Completed services for RM3,600 for a client on credit. 20 Received RM3,600 from a client for the work completed on 15 March. 28 Paid the office secretary's monthly salary, RM1,200 cash. 30 Kamal withdrew RM2,000 for his personal use. You are required to: a) Analyse the effects of the above transactions on the accounting equation by using the following table: Date Ending balance Total Assets = Liabilities Equity
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