A Hide Time Remaining The payment out of general borrowings on 30 June 2020 was equal to the repayment of the specific loan plus the interest on the specific loan less the interest received from the savings account. . Construction costs of R4 000 000 were incurred evenly from 1 July 2020 to 31 December in 2020 and were paid evenly during each month out of general borrowings Interest of 9% per annum is charged on the general borrowings and is compounded on 31 December of each year. On 31 December 2020 the building was still under construction: REQUIRED: Complete the following journal entries relating to the above information in the books of A Limited for the year ended 31 December 2020 ONLY INSERT THE FIGURES AND INDICATE THE CREDIT ENTRY IN BRACKETS. EXAMPLE CREDIT BANK R1 000 WILL BE COMPLETED AS FOLLOW - BANK (1 000) FIGURES NEEDED TO BE ROUNDED TO THE NEAREST RAND IN THE JOURNALS, IGNORE TAXATION AND VAT. IGNORE TAXATION AND VAT. JOURNALS 30/06/20 Building costs R Savings account R (Interest on savings account from 01/01/20 to 30/06/20) Building costs R General loan R (Interest on specific loan from 01/01/20 to 30/06/20) General loan R Specific loan R. (Repayment of specific loan plus the interest on the specific loan) A Time Remaining: 02:57 A Hide Time Remaining Savings account R General loan R (Interest on savings account paid into the general loan) 31/12/20 Building costs R General loan R (Construction costs from 01/07/20 to 31/12/20 paid from the general loan) Building costs R Finance costs on general loan R (Finance costs on the general loan from 01/07/20 to 31/12/20 capitalised) HT L HII W A Hide Time Remaining The payment out of general borrowings on 30 June 2020 was equal to the repayment of the specific loan plus the interest on the specific loan less the interest received from the savings account. . Construction costs of R4 000 000 were incurred evenly from 1 July 2020 to 31 December in 2020 and were paid evenly during each month out of general borrowings Interest of 9% per annum is charged on the general borrowings and is compounded on 31 December of each year. On 31 December 2020 the building was still under construction: REQUIRED: Complete the following journal entries relating to the above information in the books of A Limited for the year ended 31 December 2020 ONLY INSERT THE FIGURES AND INDICATE THE CREDIT ENTRY IN BRACKETS. EXAMPLE CREDIT BANK R1 000 WILL BE COMPLETED AS FOLLOW - BANK (1 000) FIGURES NEEDED TO BE ROUNDED TO THE NEAREST RAND IN THE JOURNALS, IGNORE TAXATION AND VAT. IGNORE TAXATION AND VAT. JOURNALS 30/06/20 Building costs R Savings account R (Interest on savings account from 01/01/20 to 30/06/20) Building costs R General loan R (Interest on specific loan from 01/01/20 to 30/06/20) General loan R Specific loan R. (Repayment of specific loan plus the interest on the specific loan) A Time Remaining: 02:57 A Hide Time Remaining Savings account R General loan R (Interest on savings account paid into the general loan) 31/12/20 Building costs R General loan R (Construction costs from 01/07/20 to 31/12/20 paid from the general loan) Building costs R Finance costs on general loan R (Finance costs on the general loan from 01/07/20 to 31/12/20 capitalised) HT L HII W