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1 . 1 Inventory to the value R 2 0 0 0 0 . 0 0 was bought on credit from an approved provider, XYZ

1.1 Inventory to the value R20000.00 was bought on credit from an approved provider, XYZ Ltd, on 3 April 2024 and invoice #478 was issued to Bubbeloo Bubblegum.
1.2 The monthly electricity bill of R2500.00 was paid via an electronic fund transfer (EFT) to the local municipality, based on invoice 8973, dated 10 April 2024.
1.3 A second-hand delivery vehicle with a purchase price of R120000.00 was bought on credit from WeBuyVehicles on 18 April 2024(invoice #489). A cash deposit of R20000.00 was paid to secure the purchase.
1.4 The rental payment of R7000.00 for April 2024 for the headquarters office building was made on 20 April 2024, via an EFT to LinPop, as per invoice LP178, dated 20 April 2024.
1.5 Goods to the value of R5000.00(cost) were sold for cash, on 23 April 2024, recorded on the cash register roll.
1.6 Interest of R340.00 recorded on a debit bank balance, as per the bank statement on 30 April 2024, downloaded from Standard Bank's online banking website.
1.7 Goods to the value of R4000.00(cost) were sold on credit to Sweet Surprises (Pty) Ltd, and invoice number BB156 was issued on 30 April 2024.
1.8 Instead of buying new furniture, Mr Billy Bonka 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 R20000.00.
Additional information:
Bubbeloo Bubblegum is registered as a VAT vendor and VAT is charged at 15%.
The mark-up percentage on inventory 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 transactions (consult your prior accounting knowledge and the internet for more information on the difference between the periodic inventory system and perpetual inventory system).
You do not need to distinguish between the different product and inventory categories for the purposes of this assignment.
All final answers should be rounded up to two decimal placest
Refer to the transactions listed in the case study.
Prepare an accounting equation table for the above transactions, by making use of the spreadsheet provided for this purpose (complete this task on the tab titled 'Task 1').
Disregard VAT implications for the purposes of Task 1.
Example: The business pays the telephone bill of R500 for the month.
\table[[,Asset,Liabilities,Equity,Income,Expense],[,\table[[Non-],[current]],Currem,\table[[Non-],[current:]],Current,,,,,,],[,Dr,Cr,Dr,Cr,Dr,Cr,Dr,Cr,Or,Cr,Dr,Cr,Dr,Cr
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