for inventory. $($When using the periodic inventory system all inventory purchased is recorded in the purchases account $($expense$).$ No entry is made on date of sale for the cost price. You will learn more about the topic in learning unit $6$ and $7).$

Transactions during March $2023.$ Amounts include VAT of $15\%,$ where applicable.

$1$ Received an electronic payment from V Majola, a debtor, for R$13500($receipt no $41).$

Cash sales of steel products, R$16100($cash register roll $1).$

$7$ The business obtained a loan from ABI Bank for R$30000($receipt no $42).$

$13$ Paid R$12500$ to M Sibasa in part payment of the entity's account with an electronic funds transfer $($voucher no $33).$

$17$ Purchased trading stock from Malamulela Wholesalers. Paid R$3450$ by EFT, after receiving a cash discount of $10\%($electronic funds transfer voucher no $34).$

$19$ Mathole, the owner, made an additional capital contribution by depositing R$15000$ into the entity's bank account $($receipt no $43).$

$25$ Paid the monthly salaries by electronic funds transfer $($voucher no $35),$ R$25000.$

$26$ Sold $12$ steel doors and $18$ steel window frames for cash, R$16675($cash register roll $2).$

$31$ Mathole paid Insurance Ltd R$2066$ for insurance on the business assets of R$1610$ and R$456$ for his private vehicle. The payment of the insurance premiums was done through an electronic funds transfer $($voucher no $36),$ from the business bank account.

REQUIRED:

Record the above transactions in the following cash journals of Mathole and Sons for March $2023$:

a$.$ Cash receipts journal