Question 11 Bank R45 000 Creditors R1000 Discount Received R300 Purchases R44300. What would be the correct joumal Not yet entry to record the money paid to creditors? answered Maked out of Select one: 1.00 a. Dr Bank R1 000Cr Creditors R700 Cr Discount received R300 b. Dr Creditors R700 Cr Bank R700 c. Dr Creditors R1 000 Cr Bank R700 Cr Discount teceived R300 d. Dr Creditors R300 Cr Discount received R300 Cuertion 12 The owner L. Rogers obtained a long term Ioan worth R120 000 and deposited into the business Bank account Notyet of Rogers Traders as part of his Capital contribution. Which option best represents the double entry principle? Marked out of Select one: a. Long term Loan 120000 Cr Capital 120.000 b. Capital 120000Cr Long Term Loan 120.000 C.Bank 120000 Cr Long Term loan 120000 d. Bank 120000 Cr Capital 120000 An extract from R. Ross book of accounts contained the following information on 31 December 2015: Additional Information: - Inventory at 31 December 2015 was R1 280