What are the basic concepts of accounting, including the book of first entry, the accounting equation, capital, and T-accounts?

1.1.1
The book of first entry is where transactions are initially recorded before being posted to the ledger. This is also known as a journal, and subsidiary journals are specific types of books of first entry.
The correct answer is D.

$$\boxed{\text{D}}$$

1.1.2
When an EFT of R800.00 is received from a tenant:

• Assets (Bank/Cash) increase by R800.
• Owners' Equity increases by R800 because rent received is income, which increases profit and thus owners' equity.
• Liabilities are not affected. The accounting equation (Assets = Owners' Equity + Liabilities) remains balanced:

$$+\text{R}800 = +\text{R}800 + 0$$

The correct answer is A.

$$\boxed{\text{A}}$$

1.1.3
The fundamental accounting equation states that a business's assets are equal to the sum of its liabilities and owners' equity.
The correct form is Assets = Owners' Equity + Liabilities.
The correct answer is C.

$$\boxed{\text{C}}$$

1.1.4
Money or other assets that an owner invests in their business is known as capital.
The correct answer is B.

$$\boxed{\text{B}}$$

1.1.5
In double-entry accounting, a T-account has two sides. The left-hand side is always the debit side, and the right-hand side is always the credit side.
The correct answer is C.

$$\boxed{\text{C}}$$