K Swa Traders which uses a perpetual inventory system and a mark-up of 25% on cost price had the following transactions during the current financial year: (a) Bought inventory for R12 000 on credit. The custom duties of R3 500 on this purchase was paid with the credit card of the business. (b) Credit card sales at a selling price of R8 700. NOTE: Ignore any VAT implications Record the given transactions under the appropriate columns below: 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Round off to the second decimal after the full stop (eg: 50.56) 3. A decrease in an amount must be indicated by using a negative sign in front of the amount (eg: -1000.01) 4. An increase must be indicated by the amount without any sign (eg: 1000.01) 5. If an option has a increase as well as a decrease the net effect will be 0 . 6. If an option has been provided that is not applicable to the question, please use N/A in the column to indicate that the option is not applicable. 7. First do the sales entry, then the cost of sales entry