EXERCISE 4.1 The following are the transactions of B. Tremaine, general dealer, for the month of January 2018: (All relevant prices are inclusive of VAT at 15%). January 1 B. Tremaine paid R5 000 into a business bank account. 3 Bought goods for resale from Alciston Ltd, on credit R575. 4 Sold goods on credit to A. Angus for R690. 5 Bought goods for resale and paid by EFT, R345. 9 Sold goods for cash R1 380 and banked this sum. 10 Withdrew R100 from the bank for a petty cash float. 12 Purchased office equipment from Girlacs Ltd on credit R460. 16 Bought goods for resale from Barcombe Ltd on credit R172.50. 17 Sold goods on credit to B. Bruno for R920. Business document -Receipt no. 1 Supplier's invoice 4.1 Duplicate sales invoice 01 - EFT no. E 101 - Deposit slip - ATM no. A600 Supplier's invoice Supplier's invoice Duplicate sales invoice 02 19 Paid the following from petty cash: R Wages 20.00 Office supplies 5.75 Refund to a customer for goods returned (a cash sale on 9 January) 11.50 R37.25 Authorised petty cash vouchers 21 Received and banked a cheque for R655.50 from A. Angus in full settlement of his debt. 23 Paid R546.25 to Alciston Ltd by EFT in full settlement of the amount owing. 24 Sold goods on credit to C. Chiselhurst for R1 150. 25 Bought goods for resale on credit from Cowes Ltd, R1 207.50. 27 Received and banked a cheque for R460 from B. Bruno. 28 Paid the following from petty cash: Wages Office supplies 29 Sold goods on credit to D. Downes for R230. B 20.00 17.25 R37.25 30 Bought goods for resale on credit from Ditchling Ltd, R460. 30 Paid R448.50 to Girlacs Ltd by EFT in full settlement of the amount owing 31 The bank returned the cheque deposited on 27 January from B. Bruno marked "R/D insufficient funds". 31 Withdrew R70 from the bank to reimburse the petty cash float. -Receipt no. 2 - EFT no. E102 - Duplicate sales invoice 03 Supplier's invoice Receipt no. 3 - Authorised petty cash vouchers -Duplicate sales invoice 04 - Supplier's invoice -EFT no. E103 -Bank advice note -ATM no. A601