Crest Traders

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Crest Traders are a school uniforms retailer operating from Cape Town. Their transactions for January $2024$ are given below.

$\backslash$table$[[$Day$,$Transaction,Amount$],[02,$Bought merchandise on credit.,$80000],[04,$Returned some of the merchandise bought on $02$ Jan.,$10000],[10,$Cash sales of merchandise.,$150000],[15,$Paid Electricity Bill.,$5000],[20,$The business bought laptop for the owner's daughter cash.,$10000],[31,$Paid Rent for the business premises.,$12000]]$

Required

Source: Jemedze, S$.$

Prepare and close off the Bank Account to reflect the January transactions.

$(10$ Mar

Bank AccountCrest Traders

Time left $0$:$35$:$27$

Crest Traders are a school uniforms retailer operating from Cape Town. Their transactions for January $2024$ are given below.

$\backslash$table$[[$Day$,$Transaction,Amount$],[02,$Bought merchandise on credit.,$80000],[04,$Returned some of the merchandise bought on $02$ Jan.,$10000],[10,$Cash sales of merchandise.,$150000],[15,$Paid Electricity Bill.,$5000],[20,$The business bought laptop for the owner's daughter cash.,$10000],[31,$Paid Rent for the business premises.,$12000]]$

Required

Source: Jemedze, S$.$

Prepare and close off the Bank Account to reflect the January transactions.

$(10$ Mar

Bank Account