Side panel UNISA 2025 FAC1501-25-S2 Learning Unit 7 G - Learning Unit 7: Quiz 2 Quiz G - Learning Unit 7: Quiz 2 Question 1 Not yet answered Marked out of 10.00 Flag question Question text CPD Hardware is registered as a VAT vendor. All the suppliers of the entity are also registered for VAT. All goods are sold at a constant mark-up of 25% on cost and a perpetual inventory system is in use. The following is an extract from the subsidiary journals of CPD Hardware for the month ended 30 June 2024: Purchases journal R VAT Input 2 250 Inventory 15 000 Trade payables control 17 250 Purchases returns journal R VAT Input 345 Inventory 2 300 Trade payables control 2 645 Sales journal R VAT Output 1 170 Sales 7 800 Trade receivables control 8 970 Cost of sales ? Sales returns journal R VAT Output 330 Sales returns 2 200 Trade receivables control 2 530 Cost of sales ? Required: Post the applicable totals from the above subsidiary journals to the inventory account in the general ledger of CPD Hardware for the month ended 30 June 2024. Instructions: Use a full stop to indicate any decimals (eg: 1000.01) Round off to the second decimal after the full stop (eg: 50.56) If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a zero ("0") Dr Inventory Cr 2024 R 2024 R Jun 30 Answer Answer Answer Jun 30 Answer Answer Answer Answer Answer Answer Answer Answer Answer Balance c/d Answer Balance c/d Answer Answer Answer Jul 1 Balance b/d Answer Jul 1 Balance b/d