5. On 12 August, Willam Genear retumed one of the pairs of rugby boots, purchased on credit on the 4 August, as the pair was damaged. Willam's account was credited with the full amount. 6. One of Sidestep's customers, Adam Cupa, had not yet paid Sidestep for inventory bought on credit during March 2013, and as a result Sidestep charged him interest of R50 on the amount owing. Adam has indicated that he will pay the amount owing with interest at the beginning of September 2013. 7. On 19 August, Sidestep purchased stationery amounting to R900 from Rob. E. Deans stationers and paid by cheque. 8. On 21 August, Israyel Falow paid Sidestep R650 for rugby boots that he had bought on credit during July 2013. 9. Kwayd had been asked to participate in a charity touch rugby tournament and on 23 August he took 2 pairs of boots home to personally use for this toumament. Each pair had a cost of R150 and a selling price of R300. 10. On 26 August, Sidestep paid R3 200 for August's rent. 11. Salaries for the month amounted to R6 500 . R5 600 was paid during August, and the remainder wil be paid in September 2013. 12. Interest is payable on the last day of every month at a rate of 15% per annum. Due to cash flow problems, Sidestep negotiated with the bank that they would pay both August's and September's interest when September's interest was due. 5. On 12 August, Willam Genear retumed one of the pairs of rugby boots, purchased on credit on the 4 August, as the pair was damaged. Willam's account was credited with the full amount. 6. One of Sidestep's customers, Adam Cupa, had not yet paid Sidestep for inventory bought on credit during March 2013, and as a result Sidestep charged him interest of R50 on the amount owing. Adam has indicated that he will pay the amount owing with interest at the beginning of September 2013. 7. On 19 August, Sidestep purchased stationery amounting to R900 from Rob. E. Deans stationers and paid by cheque. 8. On 21 August, Israyel Falow paid Sidestep R650 for rugby boots that he had bought on credit during July 2013. 9. Kwayd had been asked to participate in a charity touch rugby tournament and on 23 August he took 2 pairs of boots home to personally use for this toumament. Each pair had a cost of R150 and a selling price of R300. 10. On 26 August, Sidestep paid R3 200 for August's rent. 11. Salaries for the month amounted to R6 500 . R5 600 was paid during August, and the remainder wil be paid in September 2013. 12. Interest is payable on the last day of every month at a rate of 15% per annum. Due to cash flow problems, Sidestep negotiated with the bank that they would pay both August's and September's interest when September's interest was due