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On 2 March 20.1, a tenant of ABC Traders, did an electronic funds transfer of R156 000 into ABC Traders' business bank account. The monthly

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On 2 March 20.1, a tenant of ABC Traders, did an electronic funds transfer of R156 000 into ABC Traders' business bank account. The monthly rental is R12000 per month. The financial year-end is 28 February 20.2 . What will the closing transfer journal entry for the transaction on 28 February 20.2 be? Instructions: 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. For embedded questions spelling is very important. If you spell the answer incorrect it will be marked incorrect. Please make sure that your spelling of the words is correct. 4. Don't use any special characters ( & ) and don't use bold in your answer. It will be marked incorrect. 5. Do not use any abbreviations. 6. Your answer is case sensitive; therefore, you need to put the very first letter of the answer in uppercase, but The following information relates to Sammy Dealers, who is registered as a VAT vendor and who uses the periodic inventory system. VAT at 15% is applicable. The VAT period of the business ends on unequal months. As per the trial balance on 30 April 2022. Mini Traders owes Sammy Dealers, R2 300. Mini Traders settled the account of R2 300 on 1 May 2022. A settlement discount of 20% was granted to Mini Traders. What will the correct entries of the transaction be in the books of Sammy Dealers? Instructions: Drag the correct answer into the correct space (including the blank spaces on headings). An option can be used more than once. Indicate by choosing the correct option whether the following statement is true or false: The amount of additional capital plus total comprehensive income for the year less drawings is referred to as the capital amount for the business. Select one: True False

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