(4) R75 500 (5) R701 500 Use the following information to answer questions 13 to 14 ABC Stores Balances at 01 February 2015 Bank dit balance Cost of sales Trading inventory Sales Vatnout Val output 192000 52 000 400 000 1600 1 BOD Sale un granted The following subsidiary joumals, of which only the fatals of the columns are show, appeared in the accounting records of ABC Stores at 28 February 2018 CASH RECEIPTS JOURNAL CASH PAYMENTS JOURNAL Bank 27 584 Hank 32 800 18 500 Purchases 18 600 Cost af sales 9 300 9 300 6550 Vat input 1008 (150 Settlement discount received (1001 Vat output Sundry counts 3 995 Vat input (20 Surdry accounts SALES JOURNAL SALES RETURNS JOURNAL 15 60 Debtors 14 000 7.00 Cost of sales Vat output 1 080 Vat output PURCHASES JOURNAL PURCHASES RETURNS JOURNAL Creditors 10 488 Creditors 9.2001 Purchases Vat input Vat put 119 NMENT 2, SEMESTER 2 (continued | | | 10 are of the cost of our smary 2018 R193 300 R207 300 R211 300 (4) R208 300 153 R206 300 The balance of the Vat control account of ABC Store on 28 February 2018 (1) R2 721 (2) R2 761 (3) R2 287 14) R2 959 B) R2235 The following statements describe the financial year (a) It consists of 12 cutive months b) It is the period for which an milyonlustes i prolt c) It is necessary that it coincide with the calendar year id) it is also called the counting period le) It is caled a financial year. Which one of the following group comedy reflects the same that a re ) a) b) c) e) 21 (b), d), e) (3) X (cl(d), (e) 141 (b), (d) 15 b), (c), (d), (e)