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120 QUESTION ONE The following transactions during January 2020 relate to...

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Accounting

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120 QUESTION ONE The following transactions during January 2020 relate to County Traders Date Details January 01 Pald for rental of equipment 04 Purchased a vehicle on credit from Sevenoaks. 06 Received partial payment from debtor, Kent 08 The owner pays with a business cheque for personal expenses Withdraw money for personal use. 10 Paid creditors 12 Rendered services on credit to Surrey 15 issued a creditnote to Surrey for unsatisfactory services 20 Cashed cheque 111 for Telephone Wages for the month Amount (R) 500 24 000 2000 1200 800 12 000 4 000 200 150 900 Required: Show the effect of the above transactions of R Red on the accounting equation. Une denote an increase to denote a decrease and oto denote no change to the mento the equation Present the above transactions in the following format: No 19 Ace dobit Bank ACCcret Sales) Assets 200 - Equity -200 -.pdf BCOMSCM Accou....pdf Canceled e

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