Question 2 (Marks: 35) The transactions below relate to New Stores for the month of June 2020. New Stores marks up their goods by 20% mark-up on cost. Ignore VAT as New stores is not a VAT vendor. The business uses the perpetual inventory system. Date 1 3 Transaction Sold goods for cash R15 800, as per the cash register roll CRRO1. Sold goods for R18 000 on credit to M. Mohamed, issued credit invoice, NS001. M. Mohamed returned goods to the value of R3 400, credit note SNC53 was issued. The cash register roll (CCRO2) showed cash sales to the value of R60 500. The owner, S. Mashaba, took goods with a selling price of R1 500 for own use. JV01 was 4 9 12 used. 16 19 Issued credit invoice, NS002 to W. Wilson for goods sold to the value of R45 000. Sold goods on credit to S. Sisulu for R4 200. Issued credit invoice NS003. W. Wilson brought back damaged goods to the value of R7 800, issued credit note 24 SNC54. 26 28 The bank statement from ABS Bank shows interest earned of R250. The owner, S. Mashaba, contributed a further R15 000 towards the running of the business. RROOS was issued. Required: Record the transactions above in the following journals for June 2020 as provided in your answer booklet. Debtors journal Debtors allowances journal Cashbook receipts (Ignore analysis of receipts column) General journal (Journal narrations are required) You are not required to total the journals. Round to two decimal places