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HFAC130-1-JanJun2024-SA1-GC-V.2-25032024
The following transactions occurred during the 2023 financial year:
Arch Tech sold goods worth R144000 on credit.
Arch Tech bought inventory worth R100000 on credit.
Arch Tech paid R12000 for operating expenses.
Arch Tech received dividends of R6000 from its investment.
Arch Tech paid R9600 in income taxes.
Arch Tech paid R2400 in interest expenses on the bank loan.
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