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Hlue/SHOWTe Remaining Part 1 of 12 - Part 1 In this part you will be required to complete the amounts of each transaction on the accounting equation. Below is an example of how you should complete the table: Example: On 25 January 2021, SA Traders withdrew cash and paid wages to the amount of R5 000. What will the effect of this transaction be on the accounting equation? Assets Equity Liabilities + Ol + 0 + 0 5000-5000 + 0 Question 1 of 23 6.0 Points Click to see additional instructions SA Traders (not a VAT vendor) entered into the following transactions during August 2020. Date 6 Transactions SA Traders sold goods to the amount of R11 500 for cash. SA Traders settled their outstanding amount with SA Suppliers to the amount of R6 500. 31 NB: 1. Do not type the amount with any spaces as separators for thousands (eg: 12141,72) 2. Use a comma to indicate any decimals (eg: 1000,01) 3. You must enter cents even if it is 0 (eg,00) 4. You must round to the nearest cent 5. You must enter an amount in each of the open spaces. If the transaction does not have any effect on a certain aspect of the account equation, please indicate it with a zero (eg: 0). Solution: Indicate the nett effect of the transactions under the accounting equation: Assets Equity Liabilities R R R + + +

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