The pre-adjustment trial balance of PMT Traders as at 28 February 2019, reflected the following balances: Trading inventory R9 770 Office supplies R1 121 Cleaning material R740 Packaging material R2 670 A physical inventory count conducted at year-end, revealed that the following inventory were on hand: Trading inventory, R9 560 Office supplies, R230 Cleaning material, R121 Packaging material, R926. No adjustment journal entries have been processed as yet in the accounting books of PMT Traders regarding the inventory count. The effect that the adjustment journal entries for consumables stores on hand will have on the basic accounting equation of PMT Traders for the year ended 28 February 2019 will be ...? A. Assets will not be affected; equity will increase by R1 047 and liabilities will decrease by R1 047. B. Assets will increase by R1 047; equity will decrease by R1 047 and liabilities will not be affected. C. Assets will increase by R1 487; equity will increase by R1 487 and liabilities will not be affected. D. Assets will increase by R1 277; equity will increase by R1 277 and liabilities will not be affected. E. Assets will decrease by R1 487; equity will decrease by R1 487 and liabilities will not be affected