00:41 ✓ 4G 2.1 35% Question 2: Show the effect of the following transactions of May 2021 on the accounting equation: 2 The owner, Ms. Rose Petals, contributed R80 000 as capital contribution. Issued receipt no. 57. 6 According to the cash register roll, the business received R5 300 for services rendered. 11 Cashed a cheque (Cheque 03) to pay the wages of her 2 workers. They each earn R1000 per week. 30 Paid Mogale City for the water and electricity, R2 000 per cheque. Day Assets = Owner's Equity + Liabilities Effect Reason Effect Reason Effect Reason ||| X Gauth