Narend Singh is a wholesaler trading as Singh’s Wholesalers. The business uses the periodic inventory system to account for its inventory. All transactions were on credit.

Transactions for February:

1 Bought goods from Marcus Traders for R5 000, received invoice A11.

5 Sold goods to D. Harnekar for R1 000, issued invoice 201.

Bought goods from Marang Retailers for R3 000, received invoice X13.

13 Sold goods to P. Smith for R1 800, issued invoice 202.

15 Sold goods to Y. Fuchs for R1 200, issued invoice 203.

18 Sold goods to P. Smith for R 1 300, issued invoice 204.

22 Bought goods from Marcus Traders for R1 200, received invoice A124.

25 Sold goods to D. Harnekar for R2 500, issued invoice 205.

28 Bought goods from Marcus Traders R1 800, received invoice A140.

You are required to:

1. Record the transactions in the accounts receivable and accounts payable journals (ignore VAT).

2. Post the transactions to the general ledger.