Complete the accounting equation for the following transactions: 1. Owner invested R70 000 cash. 2. Received R5 000 cash for rent. 3. Received R4 500 cash for services. 4. Purchased equipment for R36

Ø+T, let's knock this out. Here is the completed accounting equation for the given transactions: | No | Account debited | Account credited | Assets Dr (+) | Assets Cr (-) | Owner's equity Dr (-) | Owner's equity Cr (+) | Liabilities Dr (-) | Liabilities Cr (+) | |----|-----------------|------------------|---------------|---------------|-----------------------|-----------------------|--------------------|--------------------| | 1 | Bank | Capital | +R70 000 | | | +R70 000 | | | | 2 | Bank | Rent Income | +R5 000 | | | +R5 000 | | | | 3 | Bank | Service Income | +R4 500 | | | +R4 500 | | | | 4 | Equipment | Bank | +R36 000 | -R36 000 | | | | | Drop the next question.