$($e$)$

On $1$ July of $2023$ the company signed a contract to supply Compucom Ltd hard drives to the value of R$180,000$ equally over the next $6$ months $($on the last day of every month$).$ Delivery has been delayed as shipment of consumables that is required to manufacture the hard drives is only arriving in September. The first lot of hard drives will be delivered on $30$ September $2023$ and will include a catch up of delivery between July and September. Compucom however paid the full contract value on $1$ July $2023.(3)$

Prepare the accounting entries for the books as at $30$ September $2023.$

$($f$)$

See below details of trade receivables for Laptop Computers $($Pty$)$ Ltd:

Trade receivables at $31$ December $2023$ R$250,832$

Provision for doubtful debts at $1$ January $2023$ R$10,548$

Bad debts for the year ending $31$ December $2023$ were R$12,972.$ No entry has yet been passed.

Further to this the company policy is to provide for a doubtful debt provision of $5\%$ on trade receivables.

Please provide the adjusting journal entries to account for year$-$end closure. $(5)$