Refer to the transactions listed in the case study below

Capture the transactions in the correct journals, also known as books of first entry. Remember to take VAT into consideration. Transactions $1\mathrm{.}1-1\mathrm{.}8$ include VAT where applicable.

$$ Transaction $1,1(3)$

$$ Transaction $1\mathrm{.}2(1)$

$$ Transaction $1\mathrm{.}3(4)$

$$ Transact ion $1\mathrm{.}4(2)$

$$ Transaction $1\mathrm{.}5(4)$

$$ Transaction $1\mathrm{.}6(3)$

$$ Transaction $1\mathrm{.}7(5)$

$$ Transaction $1\mathrm{.}8(3)$

$1\mathrm{.}1$ Inventory to the value R$20000\mathrm{.}00$ was bought on credit from an approved provider, XYZ Ltd$,$ on $3$ April $2024$ and invoice #$478$ was issued to Bubbeloo Bubblegum.

$1\mathrm{.}2$ The monthly electricity bill of R$2500\mathrm{.}00$ was paid via an electronic fund transfer $($EFT$)$ to the local municipality, based on invoice $8973,$ dated $10$ April $2024.$

$1\mathrm{.}3$ A second$-$hand delivery vehicle with a purchase price of R$120000\mathrm{.}00$ was bought on credit from WeBuyVehicles on $18$ April $2024($invoice #$489).$ A cash deposit of R$20000\mathrm{.}00$ was paid to secure the purchase.

$1\mathrm{.}4$ The rental payment of R$7000\mathrm{.}00$ for April $2024$ for the headquarters office building

was made on $20$ April $2024,$ via an EFT to LinPop, as per invoice LP$178,$ dated $20$ April $2024.$

$1\mathrm{.}5$ Goods to the value of R$5000\mathrm{.}00($cost$)$ were sold for cash, on $23$ April $2024,$ recorded

on the cash register roll.

$1\mathrm{.}6$ Interest of R$340\mathrm{.}00$ recorded on a debit bank balance, as per the bank statement on $30$ April $2024,$ downloaded from Standard Bank's online banking website.

$1\mathrm{.}7$ Goods to the value of R$4000\mathrm{.}00($cost$)$ were sold on credit to Sweet Surprises $($Pty$)$ Ltd$,$ and invoice number BB$156$ was issued on $30$ April $2024.$

$1\mathrm{.}8$ Instead of buying new furniture, Mr Billy Sonka decided to furnish his office by transferring items from his personal antique furniture collection to Bubbeloo Bubblegum on $30$ April $2024.$ The furniture is valued at R$20000\mathrm{.}00.$

Additional information:

$$ Bubbeloo Bubblegum is registered as a VAT vendor and VAT is charged at $15\%.$

$$ The ma k$-$up percentag$\_$e on inve tory is $30\%.($consult your prior accounting knowledge and the internet for more information on the difference between gross profit percentage and mark$-$up percentage$).$

$$ Bubbeloo Bubblegum makes use of the perpetual inventory system to record inventory ransact!ons $($consul your prior accounting knowledge and the internet for more

$!$nformat$1$on on the difference between the periodic inventory system and perp t inventory system$).$ e ua

$$ You do not need to distinguish between the different product and inventory cat $$ for the purposes of this assignment. egones

$$ All final answers should be rounded up to two decimal places.