Question 5 1341 Willy White Traders, a computer retailer, entered into the following cash transactions during February 2021. They use a perpetual inventory (stock) system. Ignore the effect of VAT on these transactions. The accountant has the following source documents on file for the month: February 2021: List of duplicate receipts and cash invoices issued STADIO Page 5 of Assignment TUTORIAL LETTER I (ASSIGNMENT 1) - 2021 FIRST SEMESTER ACN100 ACCOUNTING FOR MANAGERS | Day Details Doc no. Additional information Amount received 4 Cash sales 111 R4 040 6 RC22 Cost of goods = R3 000 Part of building rented out to Mr Stu ent Rent received R3 000 7 B Brother RC23 Settlement of account R4 000 15 Cash sales 115 Cost of goods = R10 000 (4096 above cost) 28 PP Bank R20 000 28 PP Bank B/S Direct deposit - bank loan Interest received on bank statement R800 Duplicates of bank deposit slips February 2021: Dated Amount 7 February 2021 R11 040 Duplicates of bank deposit slips February 2021: Dated Amount R11040 7 February 2021 15 February 2021 2 February 2021: List of cheque counterfoils, EFTs and bank statement debits Day Details Doc no. Additional information Amount paid 2. Linda Lost CF1 Printers bought R5 000 5 CNA CF2 Stationery bought R1 820 12 CF3 Settlement of account R3 000 D Dragon M Merlin 16 CF4 Furniture bought R8 000 20 Rates and taxes R1 200 Local municipality EFT R Rover CF5 25 R4 500 28 PP Bank B/S Computers bought Bank charges on statement R150 Required: Use the information above to prepare the following 5.1 Cash book receipts Cash book payments 5.2. (18) (16)