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SPIKIRI Traders is registered as a VAT vendor. The applicable VAT rate is 1 5 % . The periodic inventory system and control accounts are

SPIKIRI Traders is registered as a VAT vendor. The applicable VAT rate is 15%. The periodic inventory system and control accounts are used by the entity.
The following transactions took place in Spikiri Traders for June 2021.
6 Mr Kekana was declared insolvent and his outstanding account of R2200 must be written off as Irrecoverable
7 Mr ZK Legodi's account of R3330 was five months overdue and simple interest was charged at 10% per annum.
8 It was discovered that repairs done to the delivery vehicle for R800 was incorrectly debited to the stationery account. This error must still be corrected.
9 Printing done by ZK Printers for R2200, was paid for with EFT no 19.
10 The owner, J Spikirl, increased his capital contribution with R15000. Recelpt no 101 was issued to him.
11 Cleaning material was purchased from TP Cleaners for R1500 and paid for with EFT no 20.
12 The total cash sales as per cash register roll no 15 amounted to R7800.
13 Merchandise was purchased from GD Traders for 18000 and paid for by cheque no 21.
14 EFT no 22 to the amount of R2500 to pay the week's wages.
15 Recelved a direct deposit from D Maluleka in payment of his account of R5600. Receipt no 104 was issued.
16 EFT no 23 to the amount of R7000 was made to settle the account of BP Suppliers.
17 The total cash sales as per cash register roll no 16 amounted to R9800.
REQUIRED
Record the above transactions in the following subsidiary journals of Spikiri Traders for June 2021:
a. Cash receipts journal (columns for analysis of receipts, bank, sales, VAT output, trade receivables control and sundry accounts).
b Cash payments journals (columns for bank, purchases, trade payables control, wages, VAT input and sundry accounts).
Note: You do not have to close off the journals at the end of the month. Show all your calculations.
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