QUESTION 2 REQUIRED Use the relevant information from the transactions of GH Traders provided below to answer the following questions: 2.1 Calculate the total income, total expenses and net profit (loss) for the month ended 31 October 2023. Prepare the Statement of Financial Position as at 31 October 2023. 2.2 INFORMATION 02 Date Transactions of GH Traders for October 2023 01 The proprietor of GH Traders deposited R300 000 into the bank account of the business as her capital contribution. 03 05 08 09 12 AA Purchased stationery from KL Suppliers on credit for R1 500. Withdrew R800 cash from the bank to be used as petty cash. Sold goods on credit to K. Rogers for R2 000 (Cost of sales R1 400). K. Rogers returned goods with a cost price of R350 and a selling price of R500. Donated R3 000 inventory to the local secondary school. Purchased equipment and inventory by means of an electronic funds transfer (EFT) from Avo Wholesalers for R30 000 and R80 000 respectively. D__L_=l--d- LEIL (20 Marks) Introduction to Fin....pdf DO0 000 in-1 t (5 marks) (15 marks) D00 000

REQUIRED Use the relevant information from the transactions of GH Traders provided below to answer the following questions: 2.1. Calculate the total income, total expenses and net profit (loss) for the month ended 31 October 2023 (5 marks) 2.2 Prepare the Statement of Financial Position as at 31 October 2023. (15 marks) Jers/SANDILE-BOOL/Downloads/Introduction %20 to %20 Financial %20 Accounting %20 Fina 1%2005 A %20(3).pdf cial Accounting Final OSA (3).pdf 4. /10 100%