Adjustments and additional information

$1.$

Stocktaking on $28$ February $2023$ revealed the following inventories:

$1\mathrm{.}1$

Trading inventory R$220000$

$1\mathrm{.}2$

Stationery R$4000$

$2.$

The telephone account for February $2023,$ R$6000,$ was due to be paid on $01$ March $2023.$

$3.$

A debtor who was declared insolvent paid R$900$ which represented $30\%$ of her debt. The balance of her account must now be written off.

$4.$

The provision for bad debts must be decreased to R$14000.$

$5.$

Rent has been received up to $31$ March $2023.$ Note: The rental was increased by R$2000$ per month with effect from $01$ November $2022.$

$6.$

The insurance total includes an annual premium of R$15000$ that was paid for the period $01$ June $2022$ to $31$ May $2023.$

$7.$

Provide for outstanding interest on the mortgage loan for February $2023.$

$8.$

Provide for the outstanding interest on fixed deposit. The investment in fixed deposit was made on

$01$ September $2022.$

$9.$

A payment for the annual service of a motor vehicle was not recorded, R$5000.$

$10.$

Provide for depreciation as follows:

$10\mathrm{.}1$

On equipment at $10\%$ p$.$a$.$ on cost$.$

$10\mathrm{.}2$

On vehicles at $20\%$ p$.$a$.$ using the diminishing balance method. Note: A vehicle with a cost price of R$360000$ was purchased on $01$ December $2022.$ The purchase has been recorded.