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Sophla Mocloung started a hairdressing business, Sophia Hairstylists, on 1 October 20.1. Rocoud the following transactions in the Cash Receipts Journal for October 20.1. Provide
Sophla Mocloung started a hairdressing business, Sophia Hairstylists, on 1 October 20.1. Rocoud the following transactions in the Cash Receipts Journal for October 20.1. Provide analysis columns for analysis of receipts, bank, current income and sundry accounts. Close off the journal at the end of the month. 2 Add up the analysis of receipts column and test if it is the same amount deposited into the bank account. 3 Show the effect on the accounting equation for the transactions for October 20.1. Use the following headings: (20) Irancactions: October 20.1 Sophia Motloung deposited R80 000 into the business bank account as capital contribution. Issue receipt 001 10 Cash received for services rendered, R3 600 18 Cash received for services rendered, R8 300 27 Cash recelved for services rendered, R10 200 Part of the building was rented out to J. Ndlovu's manicure business. Received \\( R 7000 \\) and issue receipt 002 Total: 42 marks
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