2.1 Calculate the total income, total expenses and net profit (loss) for the month ended 31 October 2023

2.1 Cahulate btal inmrne, Idal exnses and net profit (bss) fcy the rmnth 31 October 2023. 2.2 Prepare the Statenmt Of Fhandal Posithn as at 31 Odot*r 2023 _ INFORMATION (5 marks) (15 marks) Date 01 02 03 05 08 09 18 20 21 29 30 31 Transactions Of GH Traders for October 2023 The prophetor Of GH Traders deposited R3m itto the bank account 01 as her capital contrbution. Purchawd and nventory by means of an furds transfer (EFT) from Aw Whohsalers for R30 000 and R80 respectively. Purchased stationery from KL Supphers on credit for RI Y)O. Withdrew R800 cash from the bank to be used as petty cash, Sold on credit to K. RVS for R2 000 (Cost sales RI 400). K. Rogers retumed goods with a cost price of R3S0 and a selfing price o' nated inventory to the secon ary cash sales to date. R30 of sales 000). invested R20 in a fixed deposit account a' an rate Of per annum for two years Purchased a portable on credit for Rd OW A drect deposit was made nto the bank Of GH by RD puNishers for brms sold on thetr behalf A cornmtssion of on he books. which wore sold RBO each, was received. ecened the owed debtot discount to KL In acccunr The prcpnetor drew RS cash trom the ban account Ot the 51JSine55 her The tiank s!3fement charges Of RSW Cash sale 10 R4C CCC) (Cost o' Sales R28 DOi