Chapter 2 Record the following transaction in simple cash book for November 2020: 01 Cash in hand 12.500 600 800 1,960 04 Cash paid to Hari 07 Purchased goods 12 Cash received from Amit 16 Sold goods for cash 20 Paid to Manish 25 Paid cartage 30 Paid salary 800 590 100 1,000 Chapter 3 A company has prepared the following projections for a year 2021 The data for the 2020 is given below Sales 21000 units Selling Price per unit R0.40 Variable Costs per unit R0.25 Total Costs per unit R0.35 Credit period allowed One Month. For the year 2021 company proposes to increase the credit period allowed to its customers from one month to two month. It is expected that due to change in policy as above will increase the sales by 8 % Calculate the closing receivable for the year 2021