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Jones opened a business bank account with a deposit of R35 600 transferred from his personal account. Jones also deposited R64 400 taken as a

Jones opened a business bank account with a deposit of R35 600 transferred from his personal account. Jones also deposited R64 400 taken as a Loan from Nova Bank. The loan will be repaid by the business in full on 31 May 2024. Interest at 12% per annum is payable at the end of each month.

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