Mekgoe Florist is situated in the Western Cape. The business is a registered VAT vendor and makes use of the perpetual inventory system. During the month of March $2024,$ Mekgoe Florist maintained a favourable bank balance. The VAT rate is $15\%.$

On $28$ March $2024$ Mekgoe Florist made an electronic funds transfer for R$9500$ to the vehicle finance account at ABC Bank as installment on the loan. Internet banking notice of payment $010$ was issued.

Required:

Record the transaction on $28$ March $2024$ in the correct subsidiary journal of Mekgoe Florist.

Instructions for numeric responses:

Use a full stop to indicate any decimals $($eg: $1000\mathrm{.}01)$

Round off to the second decimal after the full stop $($eg: $50\mathrm{.}56)$

If no amount should be recorded in any of the numeric spaces, please indicate it by filling in a $0($zero$)$

If a column name is not applicable, choose N$/$A from the dropdown menu.

Only show the amount, do not show the $"$R$"($eg: $1000)$

Mekqoe Florist