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Question: Prepare a Cash Payment Journal using the following transactions * Transaction 6 * A payment of R 2 8 5 0 0 was made

Question: Prepare a Cash Payment Journal using the following transactions *Transaction 6*A payment of R 28500 was made to Gooble Inc. on 18 February 2024. This payment related to Gooble adverts for Zodeq and direct online marketing performed by Gooble Inc. Zodeq receives a 5% cash discount as per the agreement between Goobleand Zodeq. The amount paid was after deducting the discount. The amount reflects on the bank statement. No accounting entries has yet been made for this transaction. No invoice was received from Gooble Inc. for this transaction.*Transaction 7*On 1 February 2024 Zodeq decided to change its insurance service provider. The new provider offered them a discounted premium rate if paid for 12 months in advance. Zodeq therefore cancelled their current insurance (which was on a month to month basis) on 1 February 2024 and paid the new provider, Queen Insurance, the yearly premium of R 114000 instead. This premium covers them from 1 February 2024 to 31 January 2025.*Transaction 9*Zodeq purchased a brand-new top of the range Generation 10 super computer on 15 February 2024 for R 55000 from The Game Connection. The computer will be used to design and program large algorithm-based applications. The Game Connection allowed a trade discount of 10% on the full purchase*Transaction 14*On 22 February 2024, one of the employees at Zodeq opened a malicious email which led to their computers being infected with ransomware. PhilThe Fixer, one of Zodeqs IT Security Consultantswas called out to fix the problem and subsequently invoiced Zodeq for time spent. In contrast to the R50,000 requested by the writers of the virus, the owner was very happy that the situation was salvaged and fortunately, no other computers were infected in this process. Phil The Fixer was paid for in cash on the same day.

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