2.1 You are provided with the transactions from the books of Ekurhuleni Traders for the month...

 

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2.1 You are provided with the transactions from the books of Ekurhuleni Traders for the month of February 2023. Dr Jay is the owner of the business. REQUIRED: Use the information provided to record the transactions in the following journals: 2.1.1 Cash Receipts Journal 2.1.2 Cash Payments Journal NB: Do Not close off the journals (10) (8) TRANSACTIONS FOR FEBRUARY 2023 4 The owner started the business by depositing R70 000 capital into the bank account of the business. This reflected on the bank statement. 6 Bought trading stock from Kit-Kat and paid by EFT 01, R8 000 9 12 225 25 Cash sales as per cash register roll for the day amounted to R6 000, (50% profit mark-up on cost) Paid wages by EFT, R300 Made an EFT payment to Germiston Suppliers for merchandise purchased from them: business merchandise (R2 500) and Owner's personal use (R500). 2.1 You are provided with the transactions from the books of Ekurhuleni Traders for the month of February 2023. Dr Jay is the owner of the business. REQUIRED: Use the information provided to record the transactions in the following journals: 2.1.1 Cash Receipts Journal 2.1.2 Cash Payments Journal NB: Do Not close off the journals (10) (8) TRANSACTIONS FOR FEBRUARY 2023 4 The owner started the business by depositing R70 000 capital into the bank account of the business. This reflected on the bank statement. 6 Bought trading stock from Kit-Kat and paid by EFT 01, R8 000 9 12 225 25 Cash sales as per cash register roll for the day amounted to R6 000, (50% profit mark-up on cost) Paid wages by EFT, R300 Made an EFT payment to Germiston Suppliers for merchandise purchased from them: business merchandise (R2 500) and Owner's personal use (R500).