Question: 1.1 Complete the table by filling in the missing information in the answer table below. Round off all numbers to the nearest % and show

 1.1 Complete the table by filling in the missing information in

1.1 Complete the table by filling in the missing information in the answer table below. Round off all numbers to the nearest % and show cents for R amounts. No. Cost Price Profit% Profit Amount Selling price R1 500 1 A 150% B 2 R1 450 25% D 3 E 50% R75 450 R37 725 Answers to Question 1.1 B D E 1.2 State the source document and journal for each transaction below. Answers to Question 1.2 Journal Source Document Bank statement Example: Paid wages of 3 casual workers, R 6 000 CPJ 1) ABASA paid R 100 000 loan into the business account. 2) Paid insurance with an EFT. 3) Received R5 00 from a tenant for rent. 4) Cash sales, R2 000. 2

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