A. Settler, operating as Sevenfountains Stenographics, imports and sells portable typewriters of East Asian manufacture. He uses the perpetual recording method for recording all inventory transactions and apportions costs to goods sold and on hand on the first-in-first-out (FIFO) basis. On 1 January 2015 he had 5 typewriters in stock at a total cost of R400. His transactions for the 2015 trading year, insofar as they related to this particular make of typewriter, were: 1. 2. 3. Bought and paid R70 each for 10 typewriters on 31 March. Additional cash payments were made for freight charges R150 and customs duty R50. Sold 10 typewriters on credit for R1 500 on 30 April. Purchased 20 typewriters on credit for R75 each on 29 May. Paid freight charges of R320 and customs duty of R120. 4. On 30 June Settler gave one of the typewriters to his daughter-in-law as a birthday present. 5. 6. Posted a cheque to the creditor on 29 July in settlement of his account. On the same date it was decided to write off the debt of the debtor as he is completely insolvent. Sold 19 typewriters on credit for R3 420 on 30 November. REQUIRED: Prepare entries in general journal form to record the above transactions (narrations are not required). NOTE: Work to the nearest cent.