On $1$ May $20\mathrm{.}2$ Ms T Naidoo opened a supermarket under the tradename Better Traders. Better Traders is a registered VAT vendor and the VAT rate applicable is $15\%.$ Better Traders will use the periodic inventory system and entered into the following transactions during May $20\mathrm{.}2$:

$20\mathrm{.}2$

Day

Details

May

$1$

The owner, Ms T Naidoo, deposited R$250000$ of her own funds directly into the bank account of the business.

Cash purchase of merchandise from WWR Stores for R$64400.$

$2$

Bought shop equipment from EQUIP on credit, R$10005,$ and paid R$1005$ by credit card as a deposit.

$3$

Purchased merchandise on credit from Big Wholesalers, R$28750.$

Made an EFT of R$36225$ to creditor, Pharm Traders and received a settlement discount of R$4025.$

$10$

Credit card sales of R$3105.$

Cash sales of R$4600.$

Credit sales to B Sullivan of R$6900$

$15$

B Sullivan deposited R$5750$ directly into the bank account of Better Traders in full settlement of his account.

$18$

Borrowed an amount of R$50000$ from Better Bank. The amount must be paid back on $1$ May $20\mathrm{.}4.$

$25$

The owner withdrew cash for R$4300$ from the ATM to restore petty cash float.

Instructions:

$1.$ Use a full stop to indicate any decimals $($eg: $1000\mathrm{.}01)$

$2.$ Round off to the second decimal after the full stop $($eg: $50\mathrm{.}56)$

$3.$ Don$$t use any special characters $($&$)$ and don$$t use bold in your answer. It will be marked incorrect.

$4.$ Do not use any abbreviations.

$5.$ Please remember the brackets around the amounts must be indicated by a negative amount $[$eg: $(50)$ will be $-50].$

$6.$ Keep the transactions strictly according to date sequence.

$7.$ If an option has been provided and it is not applicable to the specific question, please put $0$ in the amount column and N$/$A in the detail column. You can also leave the blocks empty because no marks were allocated to the $0$ and N$/$A columns. The answer will be marked incorrect, but you will not lose any marks because no marks were allocated to these columns.

The transactions in the cash payments journal of Better Traders for May will be $...$