INFORMATION The balance sheet of a business as at 01 January 20.15 included the following items: Transactions During the week ended 07 January 20.12 the following transactions took place: - Inventories were sold for R165000 cash; these inventories had cost R120 000 - Sold inventories for R345000 on credit, these inventories had cost R255000 - Received cash from debtors totalling R270 000 - The owners introduced R1 500000 cash into the business - Ten computers were purchased on credit, R150 000 - Bought inventories on credit for R210000 - Paid creditors a total amount of R195000 in settlement of accounts INFORMATION The balance sheet of a business as at 01 January 20.15 included the following items: Transactions During the week ended 07 January 20.12 the following transactions took place: - Inventories were sold for R165000 cash; these inventories had cost R120 000 - Sold inventories for R345000 on credit, these inventories had cost R255000 - Received cash from debtors totalling R270 000 - The owners introduced R1 500000 cash into the business - Ten computers were purchased on credit, R150 000 - Bought inventories on credit for R210000 - Paid creditors a total amount of R195000 in settlement of accounts