Instructions: All answers must be typed in and all workings must be shown.

QUESTION TWO Analyse the transactions, according to the example and headings given below. L EXAMPLE: Issued cheque to Shaym Agencies for R7 000 being rent for the month. No. Source Subsidiary A/C Dr. A/C Cr. A Document Book e.g. Cheque Rent Bank -R 7000-R 7000 Counterfoil Expense The following transactions have been extracted from the books of A April 1. A April introduced R50 000 as his capital contribution. 2. Cash purchases of merchandise, R15 000. 3. Credit sales to D Boss, R16 000. Cost price, R12 000. 4. Credit purchases from October, R18 000. 5. Bought a motor vehicle on credit from J Power for R38 000. 6. Advertisement in the local press, paid for by cheque, R750. 7. Paid the outstanding amount to October by cheque. 8. Furniture acquired from Green City (creditor) for R5 500. 9. Electricity account of R1 500 paid by cheque. 10. Paid monthly rent of R6 500 to Gupta Properties