Question: Time left 1 : 5 5 : 5 1 On 1 November 2 0 . 2 Mr T Smith opened a supermarket under the tradename

Time left 1:55:51
On 1 November 20.2 Mr T Smith opened a supermarket under the tradename TS Supermarket. TS Supermarket is a registered VAT vendor and the VAT rate applicable is 15%. TS Supermarket will use the periodic inventory system and entered into the following transactions during November 20.2:
\table[[20.2,Day,Details],[Nov,1,\table[[The owner, Mr T Smith, deposited R500000 of her own funds directly into the],[bank account of the business.]]],[,\table[[Made an EFT of R16560 to creditor, Green Traders and received a settlement],[discount of R4140.]]],[4,\table[[Bought shop equipment from EQUIP on credit, R10005, and paid R1005 by],[credit card as a deposit.]]],[10,Purchased merchandise on credit from Big Wholesalers, R28750.],[,\table[[The owner withdrew cash from the business bank account via the ATM for R2500],[which will be used as petty cash.]]],[15,Credit card sales of R3105.],[,Cash sales of R4600.],[,Credit sales to B Sullivan of R6900],[16,\table[[B Sullivan deposited R5750 directly into the bank account of TS Supermarket],[in full settlement of his account.]]],[20,\table[[Borrowed an amount of R50000 from Better Bank. The amount must be paid],[back on 1 November 20.3.]]],[30,Paid by EFT for merchandise purchased from Lindiwe Stores for R34500.]]
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)
Don't use any special characters (&) and don't use bold in your answer. It will be marked incorrect.
Do not use any abbreviations.
Please remember the brackets around the amounts must be indicated by a negative amount [eg: (50) will be -50
 Time left 1:55:51 On 1 November 20.2 Mr T Smith opened

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