QUESTION $4$

$25$ MARKS

This is an extract of JBS TRADERS who did not keep complete record, but is able to provide you with the following information about his business at $1$ January $2020.$

JBS Traders Bank Account, for the $31$ December, $2020$

$\backslash$table$[[$JBS Traders Bank Account, for the $31$ December, $2020],[$Balance at $1$ January $2020,$N$$,,$N$$,],[$Cheques received from trade debtors,$405,$Payments of trade creditors,$29487,],[$Balance $31/12/2020,3736,$Rent,$1650,],[,602,$Rates,$890,],[,,$Sundry expenses,$375,],[,,$Drawings,$6541,],[,38943,,38943,]]$

All business takings were paid into the bank with the exception of N$$9630.$ Out of this; wages of N$$5472,$ drawings of N$$1164$ and purchases of goods of N$$2994.$

The following additional information is available:

$\backslash$table$[[,\frac{31}{12}\frac{?}{2019},\frac{31}{12}\frac{?}{2020}$