Adjustments and additional information:

$2\mathrm{.}1$ The following transactions have not yet been recorded:

$($a$)$ A credit note issued to a debtor, D$.$ Ras for goods returned by him, R$4680.$ Calculate the profit margin and cost price yourself.

$($b$)$ a Credit note received of Quewin Wholesalers for goods returned by us$,$ which was not according to the samples, R$1300.$

$($c$)$ Inventory on hand on $28$ February $2025$ according to physical inventory take was as follows: Inventory, R$30000$ and Stationery, R$950.$

$($d$)$ After the Pre$-$adjustments trial balance was compiled, the bank statement was received with the following information:

A debit with regards to interest, R$400.$

Deductions for cash handling fee, R$80$ and Service fees, R$120.$

A direct deposit of R$280$ by a debtor whose account was previously written off as irrecoverable.

A proof of payment received from a debtor, R$1400$ in settlement of his account of R$150$ pas recorded incorrectly by the bookkeeper. The $-$payment was d$$clined by the bank and must be cancelled.

$($e$)$ A final dividend of $18$ cent in the rand was received on $22$ February $2025$ from the insolvent estate of a debtor that owed R$2600.$ The receipt was recorded in the Cash receipts journal and posted. No further entries have been made

$($f$)$ Adjust the provision for bad debts to R$1150.$

$($g$)$ Provide for depreciation:

$($i$)$ On vehicles at $15\%$ per year on the diminishing balance method. Consider that a new vehicle was purchased on $1$ January $2025$ for R$300000.$ The purchase transaction has not yet been recorded.

$($ii$)$ On equipment at $20\%$ per year on cost price.

$($h$)$ The following accounts for February $2025$ were received, but not yet paid: Water and electricity, R$820$; Telephone, R$200$ and Property taxes, R$230.$

$($i$)$ Insurance includes an annual premium of R$1800$ that was paid on $1$ May $2024.$

$($j$)$ The fixed deposit at ABSA was made on $1$ July $2024$ at an interest rate of $4,5\%$ per year. A quarter of the amount of the fixed deposit will be withdrawn on $30$ June $2025.$

$($k$)$ A portion of the building has been rented out since $1$ January $2024$ for R$4000$ per month. The rental increases every year on $1$ January with $8\%.$

$($l$)$ An electronic payment for R$950$ to a creditor was loaded and recorded on $25$ February $2025.$ However, the authorisation date for the transfer of the funds by the bank is only $10$ March $2025.$

$2\mathrm{.}2$ The partnership agreement stipulates the following:

$($a$)$ The partners are entitled to the following salaries:

Tristan, R$3000$ per month and Marco, R$42000$ per year.

$($b$)$ Both partners are entitled to $5\%$ interest on capital per year. On $1$ October $2024,$ partner Tristan increased his capital with R$30000.$

$($c$)$ A bonus of R$7875$ was awarded to partner Tristan.

$($d$)$ The remaining profit must be divided between the partners in the ratio of their capital contributions at the end of the year.

$130$

$129$