7. the total rental income for the previous financial year was 36000. the rent is expected to increase by March by 15% on 1 March 2021

8. The owner agreed to that his drawings per month should exceed R2000. This must comprise R 1500 cash and worth of stock trading stock

9. Renovations to the office and reception area were done during December 2020. New Office equipment including computers were purchased on 01 January 2021 for R96 000. These being paid off in 12 equal monthly installments. Depreciations on the equipments amount to R7 800( including new equipments)

10. bank charges 500 per Month

11. R 2000 Per Month is allocated for maintenance of Buildings

12. The Owner decided to that, during March 2021, He will increase his Capital contribution by R 40 000 cash by R 17 000 WORTH OF EQUIPMENT.

13. The Bank balance reflected an overdraft of R 6000 on 28 February 2021.

14. The accountant supplied the following actual amounts for Friday 2021

Rent income =1000

Drawings=3210

Bank Charges=525

Maintenance Buildings =3780

Required

2,1 CALCULATE THE PERCENTAGE OF GOODS SOLD ON CREDIT DURING FEBRUARY 2021?

2.2 CALCULATE THE AMOUNT THAT THE BUSINESS EXPECTS TO RECIEVE FROM DEBTORS DURING MARCH 2021

2.3 PREPARE CASH BURGET FOR MARCH 2021