Penelope a recent graduate decided to open a baking company as she always had a passion for baking. Using her grandmothers' recipes she knew she would be able to make amazing confectionaries. She started Cruchie Cookies on 1 March 2015 and after a month of trading the following list of assets and liabilities. The following is a list of assets and liabilities of Crunchie Cookies at 31 March 2015: Accounts R Bank 7250 Accounts Receivable 2300 Equipment 22500 Cash Float 1800 Inventory 8500 Supplies Asset 4100 Accounts Payable 11200 The following transactions occurred during the month of April 2015: 1 April: Paid rent for the month of April and May R1 80

0 per month. 1 April: Sold goods for cash

Penelope a recent graduate decided to open a baking company as she always had a passion for baking. Using her grandmothers' recipes she knew she would be able to make amazing confectionaries. She started Cruchie Cookies on 1 March 2015 and after a month of trading the following list of assets and liabilities. The following is a list of assets and liabilities of Crunchie Cookies at 31 March 2015: The following transactions occurred during the month of April 2015: 1 April: Paid rent for the month of April and May R1 800 per month. 1 April: Sold goods for cash R800 (cost of goods sold R500). 3 April: Bought additional inventory on credit for R1 200. 5 April: Bought a new oven for R8 000, paid R2 500 cash and the balance on credit from Ben Stores. 7 April: Sold good to customers on credit for R1 000 (cost of goods sold R600). 9 April: Received money from customers who purchased on credit R650. 10 April: Penelope contributed a vehicle of R7 000 to the business. On the same day made cash sales of R1 200 (cost of goods sold R800). 15 April: Made a payment of R5 000 to outstanding creditors. On the same day purchased additional supplies for cash of R350. 17 April: Withdrew R1 500 from the bank to increase the cash float. 20 April: Paid employees' salaries for the month R8 000. 21 April: Sold goods on credit for R1 800 (cost of goods sold R1 000). 23 April: Paid for an advertising campaign with a local radio station for 3 months including April at a total cost of R1 500. 25 April: Penelope took inventory home for a birthday party at a cost of R800. 27 April: Paid the electricity bill and telephone bill for the month of April R1 300 and R700 respectively. 28 April: Sold goods for cash R2 000 (cost of goods sold R1 200). Received cash from debtors R1 500 who previously purchased on credit. 30 April: Record the rent for the month of April. Supplies on hand at the end of the month amounted to R500. You are required to: Record the above transactions in the general journal of Crunchie Cookies for the month of April 2015